Can we apply transshipment models to inventory applications? Why or why not? Transshipment models can be applied to inventory applications because like transshipment models inventory applications deal transporting goods to different destinations. Items are transported from one destination to another just like inventory applications. Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why? Transportation model is an example of decision
Premium Transport Cognition Equals sign
Assignment #4: Case Problem "Stateline Shipping and Transport Company" Read the ’Stateline Shipping and Transport Company" Case Problem on pages 273-274 of the text. Analyze this case‚ as follows: In Excel‚ or other suitable program‚ develop a model for shipping the waste directly from the 6 plants to the 3 waste disposal sites. Solve the model you developed in #1 (above) and clearly describe the results. In Excel‚ or other suitable program‚ Develop a transshipment model in which each of the plants
Premium Mathematics Interpretation Microsoft Excel
Stateline Shipping Stateline Shipping and Transport In the “Stateline Shipping and Transport Company” case there is the manager Rachel Sundusky of the South –Atlantic office of the Stateline Shipping and Transport Company. She is trying to negotiate a new shipping contract with Polychem where Stateline picks up and transport waste product form its six plants to three waste disposal sites. In this problem we are trying to determine the shipping routes the will minimize Stateline total cost. In
Premium Transport Waste Cargo
Ramya Gangolli (14115) Vyshnavi V (14181) Transshipment problem Transshipment problem is a special type of transportation problem involving intermediate nodes. These problems in which a shipment may move through intermediate nodes before reaching a particular destination node. It can be converted to larger transportation problems and solved by a special transportation program. It can also be solved by general purpose linear programming codes. Transshipment models include nodes that can have shipments
Premium Transport
Stateline Shipping and Transport Company Stateline Shipping and Transport Company School of Business MAT 540 This paper was presented in submission for MAT 540 assignment four (Part 1 Only). Abstract This paper serves as a written response to the instructions and questions asked in assignment four. Assignment four instructed the writer to read the case problem Stateline Shipping and Transport Company from pages 273-274 in the text‚ Introduction to Management Science by Bernard W. Taylor. The
Premium Transport Optimization Costs
Strayer university | Stateline shipping and Transportation Company | [Type the document subtitle] | | | 9/3/2012 | | 1. Objective function: Min Z= 12Xkw + 15Xkl + 17Xkd + 14Xdw + 9Xdl + 10Xdd + 13Xmw + 20Xml + 11Xmd + 17Xsw + 16 Xsl + 19Xsd + 7Xcw + 14Xcl + 12Xcd + 22Xaw + 16Xal + 18Xad Supply from 6 plants: 35‚26‚42‚53‚29‚38 Demand from 3 waste sites: 65‚80‚105 2. Using POM QM to solve the problem‚ the cost for shipping the waste directly from the 6 plants to the 3
Premium Transport Ship Cargo
CHAPTER 6: TRANSPORTATION‚ TRANSSHIPMENT AND ASSIGNMENT PROBLEMS Transportation Problem - A distribution-type problem in which supplies of goods that are held at various locations are to be distributed to other receiving locations. - The solution of a transportation problem will indicate to a manager the quantities and costs of various routes and the resulting minimum cost - Used to compare location alternatives in deciding where to locate factories and warehouses to achieve the minimum cost
Premium Costs Assignment problem Optimization
1) The model for the transportation problem consists of 18 decision variables‚ representing the number of barrels of wastes transported from each of the 6 plants to each of the 3 waste disposal sites: = Number of Barrels transported per week from plant ‘i’ to the j-th waste disposal site‚ where i = 1‚ 2‚ 3‚ 4‚ 5‚ 6 and j = A‚ B‚ C. The objective function of the manager is to minimize the total transportation cost for all shipments. Thus the objective function is the sum of the individual
Premium Transport Shipping Waste
SET A: 10897143‚ 10977570‚ 10879587‚ 10870342‚ 10873279‚ 10857133‚ 10661867‚ 10878440‚ 11090782‚ 10770518‚ 10893091 Three electric power plants with capacities of 25‚ 40‚ and 30 million KWh supply electricity to three cities. The maximum demands at the three cities are estimated at 30‚ 35 and 25 million KWh. The price per million KWh at the three cities is given in the table below. [pic] During the month of August‚ there is a 20% increase in demand at each of the three cities‚ which can
Premium Electricity Electricity generation
Business Assignment #4: Case Problem “Stateline Shipping and Transport Company” 1. In Excel‚ or other suitable program‚ develop a model for shipping the waste directly from the 6 plants to the 3 waste disposal sites. White water Los Canos Duras Availability Kingsport $12.00 $15.00 $17.00 35 Danville $14.00 $9.00 $10.00 26 Macon $13.00 $20.00 $11.00 42 Selma $17.00 $16.00 $19.00 53 Columbus $7.00 $14.00 $12.00 29 Allentown $22.00 $16.00 $18.00 38 Capacity 65 80 105 223 The objective of
Premium Prime number Waste Costs