Sanderson Steel Company manufactures 3 types of steel at 3 different plants. The time required to manufacture 1 ton of steel and the costs at each plant are shown in the table below. Each week, 100 tons of each type of steel must be produced. Each plant is open 40 hours per week. Formulate this transportation problem to minimize the cost of meeting Sanderson’s weekly requirements. having troubles with this problem, please help!
Sanderson Steel Company manufactures 3 types of steel at 3 different plants. The time required to manufacture 1 ton of steel and the costs at each plant are shown in the table below. Each week, 100 to...
4. CIP has three electric power plants that supply the power needs of four cities. Each power plant can supply the following numbers of kilowatt-hours (kwh) of electricity: plant 1, 35 million; plant 2, 50 million; plant 3, 40 million. The peak power demands in these cities, which occur at the same time (2:00 P.M.), are as follows (in kwh): city A, 20 million; city B, 20 million; city C, 30 million; city D, 30 million. The costs of sending...
Problem 1: Suppose that a car-rental agency offers insurance for a week that costs $100. A minor fender bender will cost $3,500, whereas a major accident might cost $16,000 in repairs. Without the insurance, you would be personally liable for any damages. What should you do? Clearly, there are two decision alternatives: take the insurance, or do not take the insurance. The uncertain consequences, or events that might occur, are that you would not be involved in an accident, that...