- Can we apply transshipment models to inventory applications? Why or why not?
- Is the transportation model an example of decision making under certainty or decision making under uncertainty? Why?
- Explain the assignment model and how it facilitates in solving transportation problems.
- What benefits would be gained from using this model?
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:
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.
2. 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 and disposal sites can be used as intermediate points.
3. Solve the model you developed in #3 (above) and clearly describe the results.
4. Interpret the results and draw conclusions that address the question posed in the case problem. What are the limits of the study? Write at least one paragraph.