do test only use techniqes found in files

profileroberto pulpo

will probably not use all files

  • 7 months ago
  • 170
files (14)

LPprojectselectionandtransportationaug271.xlsx

project selection

Project 1 Project 2 Project 3 Project 4 Project 5 Available
Expected dollar return $ 180,000.00 $ 220,000.00 $ 150,000.00 $ 140,000.00 $ 200,000.00
Cash needed $ 55,000.00 $ 83,000.00 $ 24,000.00 $ 49,000.00 $ 61,000.00 $ 150,000.00
No. of employees 5 3 2 5 3 12
Project 1 Project 2 Project 3 Project 4 Project 5
1 0 1 0 1
Expected dollar return $ 180,000.00 $ 220,000.00 $ 150,000.00 $ 140,000.00 $ 200,000.00 total expected $ return $ 530,000.00 <= Available
Cash needed $ 55,000.00 $ 83,000.00 $ 24,000.00 $ 49,000.00 $ 61,000.00 total cash spent $ 140,000.00 $ 150,000.00
No. of employees 5 3 2 5 3 total number of empl 10 12

We are charged with selecting from the five projects (shown at left). We do not have enough cash or employees to select all of them, so we will have to select a subset. Our goal is to maximize the expected dollar return while keeping within our available resources (cash and employees).

transportation

DISTRIBUTION CENTER
PLANT Cleveland Baltimore Chicago Phoenix Capacity
Marietta $ 12.60 $ 14.35 $ 11.52 $ 17.58 1200
Minneapolis $ 9.75 $ 16.26 $ 8.11 $ 17.92 800
Demand 150 350 500 1000

Suppose we need to ship refrigerators from our plants in Marietta and Minneapolis to our distribution centers in Cleveland, Baltimore, Chicago, and Phoenix. Capacities, demand, and unit shipping costs are shown in the table. Our goal is to meet demand at the lowest total shipping cost.