Question
In: Finance
he following table represents the cost to ship from Distribution Center 1, 2, or 3 to...
he following table represents the cost to ship from Distribution Center 1, 2, or 3 to Customer A, B, or C. The demand for customer A and customer C should be at least 200 and 400 respectively. Distribution center 2 should have at most 400 items.
Customer
| DC | A | B | C |
Supply |
| 1 | 4 | 6 | 8 | 500 |
| 2 | 5 | 2 | 7 | 400 |
| 3 | 3 | 5 | 9 | 300 |
| Demand | 200 | 350 | 400 |
Part A; Develop a network representation of the distribution system.
Part B; Develop a linear programming model for this problem.
Solutions
Expert Solution
Initial setup for above output
Add excel add in >> Solver and input as shown below:
jeff jeffy answered 7 months agoRelated Solutions
3. The following table represents increasing cost production possibilities for the US and the rest of...
3. The following table
represents increasing cost production possibilities for the US and
the rest of the world (ROW):
Possibilities
Curve
Possibilities Curve
Wheat
Cloth
Wheat
Cloth
0
120
0
200
40
116
40
192
80
100
80
180
120
76
120
160
160
40
160
120
200
0
180
0
Using indifference curves and production possibilities curves,
determine
A. equilibrium relative prices at which production and consumption...
Given the following frequency distribution, the distribution is: Value Frequency 1 1 2 2 3 3...
Given the following frequency distribution, the distribution
is:
Value
Frequency
1
1
2
2
3
3
15
10
16
15
17
20
18
40
19
20
20
10
Answer: Which one it is?
Normal.
Positively skewed.
Negatively skewed.
Bimodal
If X represents a random variable coming from a normal distribution with mean 3 and if...
If X represents a random variable coming from a normal
distribution with mean 3 and if P(X>4.2)=0.36P(X>4.2)=0.36,
then P(3<X<4.2)=0.14P(3<X<4.2)=0.14.
___True
___False
1.) The table below represents the costs of producing jackets. Quantity Fixed Cost Variable Cost Total...
1.)
The table below represents the costs of producing jackets.
Quantity
Fixed Cost
Variable Cost
Total Cost
Average Fixed Cost
Average Variable Cost
Average Total Cost
12
$118
$25
$143
?
?
?
18
$118
$50
$168
?
?
?
26
$118
$75
$193
?
?
?
34
$118
$100
$218
?
?
?
42
$118
$125
$243
?
?
?
Find the average variable cost for producing 42 jackets. Round
your answer to the nearest hundredth.
2.) The table...
The following table represents short run cost-revenue information (in dollars) for a firm in a competitive...
The following table represents short run cost-revenue
information (in dollars) for a firm in a
competitive market.
Q
P
TR
MR
MC
TC
Total Profit
0
N/A
N/A
2,000
1
2,800
2
3,400
3
300
4
3,800
5
4,000
6
400
7
600
8
900
9
10
(a) Fill in all the blanks above using the following
information: The Market Price is $500 per unit of output, the
Average Variable Cost of producing 9 units of output is $800, and...
The following table represents short run cost-revenue information (in dollars) for a firm in a competitive...
The following table represents short run cost-revenue
information (in dollars) for a firm in a competitive market.
Q
P
TR
MR
MC
TC
Total Profit
0
N/A
N/A
$1,000
1
1,100
2
1,180
3
1,220
4
$20
5
1,270
6
1,320
7
$80
8
$100
9
10
(a) Fill in all the blanks above using the following
information: The Market Price is $50 per unit of output, the TVC of
producing 9 units of output is $700, and the ATC...
The following table represents short run cost-revenue information (in dollars) for a firm in a competitive...
The following table represents short run cost-revenue
information (in dollars) for a firm in a
competitive market.
Q
P
TR
MR
MC
TC
Total Profit
0
0
N/A
N/A
1000
1
200
1200
2
400
1340
3
600
60
4
800
1420
5
1000
1440
6
1200
60
7
1400
80
1580
8
1600
140
9
1800
10
2000
(a) Fill in all the blanks above using the following
information: The Market Price is $200 per unit of output, the...
he following table gives the frequency distribution of the total miles driven during 2015 by a...
he following table gives the frequency distribution of
the total miles
driven during 2015 by a sample of 92 car owners.
Miles Driven (in thousand) Frequency
0 to less than 5 7
5 to less than 10 26
10 to less than 15 59
(a) (3 points) Write down the columns that show the values for m,
mf
and m2
f. Then compute the sample mean and the sample standard
deviation for the given data.
4. From the standard Normal Distribution table at the back of your table, determine the following...
4. From the standard Normal Distribution table at the back of
your table, determine the
following
(a) The probability that z is greater than 1.72?
(b)The area under the normal curve between z = 0.09 and z =
1.79?
(c) The area under the normal curve between z = –1.2 and z =
–2.2?
(d) The area under the normal curve between z = 0.0 and z =
2.0?
(e) Probability Z ≥ 0
1. The following probability distribution represents the number of people living in a Household (X), and...
1. The following probability distribution represents the number
of people living in a Household (X), and the probability of
occurrence (P(X)). Compute the Expected Value (mean), the Variance
and the Standard Deviation for this random variable. Show Your
Calculations for the Mean.
X
1
2
3
4
5
P(X) .33 .29
.27
.07 .04
2. Use the binomial formula to compute the probability of a
student getting 8 correct answers on a 10...
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