Question: Use the Bank Location problem ( page 6 7 8 - 6 8 0 ) as a model for formulation. You are deciding to put

Use the Bank Location problem (page 678-680) as a model for formulation. You are deciding to put warehouses in South Africa. Specifically, you will want to locate a warehouse in each provnce or a province next door to minimize transportation time. Your objective would be to minimize the number of warehouses. You will need to formulate the problem and then optimize the location of the warehouses via excel solver. Please provide an explanation. (4 points).
Rerun your analysis. Add the following constraints to serve both Johannesburg and Cape Town (they are large cities). Make sure at least one warehouse is in the respective provinces of Johannesburg and Cape Town to serve metropolitan needs. Reformulate, optimize and discuss if there are any changes to the solution. Provide an explanation. (3 points).
 Use the Bank Location problem (page 678-680) as a model for

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!