The Simmons Coal Company produces coal at four mines and ships to four power plants. The following
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The Simmons Coal Company produces coal at four mines and ships to four power plants. The following table shows the cost person or producing coal for each mine, the production capacity (in tons) for each mine, the cost (in dollars) of shipping a ton of coal from each mine to each plant and the number of tons of coal demanded by each customer.
For example, to produce a ton of coal at Mine 1 and ship it to Plant I would cost $59 ($50 to produce it and $9 to ship it)
c) Enter your model in Excel an use. Solver to find the optimal distribution plan. Include your spreadsheet in your homework submission.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Management Science The Art of Modeling with Spreadsheets
ISBN: 978-1118582695
4th edition
Authors: Stephen G. Powell, Kenneth R. Baker
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