Using Excel solver and below listed template, can you solve? Model Inc. has to transport 100 bags of Type A bags, 100 bags of Type B bags, and 100 bags of Type C bags. They can hire Truck and Mini vans. Each truck can carry 10 bags of Type A bags, 20 bags of Type B bags, and 10 bags of Type C bags. On the other hand, each minivan can carry 20 bags of Type A bags, 5 bags of Type B bags, and 10 bags of Type C bags. Each truck's rental cost is $1000, and each minivan's rental cost is $850. There are only 5 truck drivers available to drive the trucks(Hint: It means the number of trucks should be less than or equal to 5). If Model Inc wants to minimize the transportation cost, how many trucks and vans should they rent? (Possible Answer: $9100) Data Model Decision Variables Objective Function Constraints LS Relation RS [Name]
Using Excel solver and below listed template, can you solve? Model Inc. has to transport 100 bags of Type A bags, 100 bags of Type B bags, and 100 bags of Type C bags. They can hire Truck and Mini vans. Each truck can carry 10 bags of Type A bags, 20 bags of Type B bags, and 10 bags of Type C bags. On the other hand, each minivan can carry 20 bags of Type A bags, 5 bags of Type B bags, and 10 bags of Type C bags. Each truck's rental cost is $1000, and each minivan's rental cost is $850. There are only 5 truck drivers available to drive the trucks(Hint: It means the number of trucks should be less than or equal to 5). If Model Inc wants to minimize the transportation cost, how many trucks and vans should they rent? (Possible Answer: $9100) Data Model Decision Variables Objective Function Constraints LS Relation RS [Name]
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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- Using Excel solver and below listed template, can you solve?
- Model Inc. has to transport 100 bags of Type A
bags, 100 bags of Type B bags, and 100 bags
of Type C bags. They can hire Truck and Mini
vans. Each truck can carry 10 bags of Type A
bags, 20 bags of Type B bags, and 10 bags of
Type C bags. On the other hand, each minivan
can carry 20 bags of Type A bags, 5 bags of
Type B bags, and 10 bags of Type C bags. Each
truck's rental cost is $1000, and each
minivan's rental cost is $850. There are only 5
truck drivers available to drive the trucks(Hint:
It means the number of trucks should be less
than or equal to 5). If Model Inc wants to
minimize the transportation cost, how many
trucks and vans should they rent? (Possible
Answer: $9100)
| Data | |||
| Model | |||
| Decision Variables | |||
| Objective Function | |||
| Constraints | |||
| LS | Relation | RS | [Name] |
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