Create and write down a standardmathematical lp model and


Company A has four plants locating in different cities across the region. There are three markets the company is selling its products to. Currently, each plant can only produce 500 units of products, and Market 1 needs 800 units of the product, Market 2 needs 500 units, while Market 3 needs 500 units. The shipping costs for Company A to ship one unit from each plant to different markets are listed in the following table. Unit Shipping Cost in $ Market 1 Market 2 Market 3 Plant 1 10 8 15 Plant 2 8 9 7 Plant 3 12 13 15 Plant 4 11 10 12 Please create and write down a standard/mathematical LP model and use Excel Solver to find the optimal shipping strategy for Company A, which minimize the total shipping costs.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Create and write down a standardmathematical lp model and
Reference No:- TGS0563535

Expected delivery within 24 Hours