Justify your optimal configuration


Problem

Consider a toy scenario where we have six plants and six models. Each plant has an annual capacity of 100 units. Each model has an average annual demand of 100 units and a standard deviation of 30 units. Assume that adding one link (i.e., making a plant capable to produce one more model) costs $2,500, and the profit margin on every unit is $1000. Using the FlexCap simulator, find the optimal number of links and the network you would want to design. Your goal is to maximize profitability for just one year. Justify your optimal configuration. In your submission, attach the screenshots of your implemented configurations on the FlexCap simulator.

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Operation Management: Justify your optimal configuration
Reference No:- TGS03322614

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