Question

In: Accounting

*Please include Spreadsheets and formulas, if applicable* The distribution system for the Herman Company consists of...

*Please include Spreadsheets and formulas, if applicable*

  1. The distribution system for the Herman Company consists of three plants, two warehouses, and four customers. Plant capacities and shipping costs per unit (in $) from each plant to each warehouse are as follows

Warehouse

Plant

1

2

Plant Capacity

A

5

7

470

B

8

5

610

C

5

6

400

Customer demand and shipping costs per unit (in $) from each warehouse to each customer are as follows:

Customer

Warehouse

Nikki

Greg

Tommy

Vincent

1

6

3

8

4

2

3

6

7

7

Customer Demand

300

350

300

400

  1. Formulate a linear programming model of this transshipment problem.  Write it below.

  1. Solve the linear program to determine the optimal shipping plan and write it below. What is the minimal shipping cost?

Start Node End Node Units shipped

1 4 _____________

1 5 ____________

2 4 ____________

2 5 ____________

3 4 _____________

3 5 ____________

4 6 _____________

4 7 _______________

4 8 _____________ Total Cost=_____________________

4 9 _____________

5 6 ______________

5 7 ______________

5 8 ______________

5 9 ______________

Solutions

Expert Solution

a)

b)

​​​​​​


Related Solutions

The distribution system for the Herman Company consists of three plants, two warehouses, and four customers....
The distribution system for the Herman Company consists of three plants, two warehouses, and four customers. Plant capacities and shipping costs per unit (in $) from each plant to each warehouse are as follows:                        Warehouse Plant           1                       2            Capacity 1                4                        7               450 2                8                         5              600 3                5                         6               380                             Customer Warehouse          1                        2                            3                             4 1                            6                       4                            8                             4 2                           3                         6                            7                             7 Demand                300                     300                         300                        400 Formulate the linear programming model to minimize the cost of shipping...
Please explain in detail and show work where applicable. Please show any formulas or calculations and...
Please explain in detail and show work where applicable. Please show any formulas or calculations and explain them. - perhaps you would Soft Peg the small coutry to a basket of Germany and France's currencies? - please explain? Practice # 10 You have been hired as a consultant to the central bank for a small country that, for many years, has suffered from repeated currency crises and rampant inflation. The country depends heavily on both the German and French financial...
Please include the formulas for everything. 1. The Xin Accounting Company (hereinafter abbreviated as “Xin”) produces...
Please include the formulas for everything. 1. The Xin Accounting Company (hereinafter abbreviated as “Xin”) produces managerial accounting study aids. The company is preparing budgets for the second quarter ending June 30. All amounts in the budgets are rounded to the nearest cent. The sales forecast for April through August is: April 15,000 units May 38,000 units June 21,000 units July 19,000 units August 11,000 units The selling price is $13 per unit. Prepare a Sales Budget for Xin. Hint:...
Please start from Manufacutring Overhead Budget and please include formulas on how you got that answer...
Please start from Manufacutring Overhead Budget and please include formulas on how you got that answer This assignment asks you to set up an Excel budget spreadsheet file that automatically prepares the master budget for a company, given sales projections and information on beginning balances, production requirements, desired ending inventories, etc. Information on developing the budgets appears in Chapter 8 of your text, and examples of budget worksheets appear in the schedules throughout the chapter. Data Glamour Inc. produces and...
Please solve the problem below and include the excel formulas to the answers: Date MSFT SFY...
Please solve the problem below and include the excel formulas to the answers: Date MSFT SFY GM Portfolio Russell 3000 7/2/2012 -0.0364 -0.1328 -0.0005 -0.0566 0.0087 8/1/2012 0.0529 0.0062 0.0832 0.0474 0.0225 9/4/2012 -0.0275 0.0392 0.0655 0.0257 0.0246 10/1/2012 -0.0412 0.0249 0.1212 0.0350 -0.0185 11/1/2012 -0.0595 0.0489 0.0147 0.0014 0.0051 12/3/2012 0.0128 0.0682 0.1142 0.0651 0.0102 1/2/2013 0.0275 0.0741 -0.0257 0.0253 0.0537 2/1/2013 0.0210 0.2394 -0.0334 0.0757 0.0110 3/1/2013 0.0380 0.1122 0.0246 0.0583 0.0376 4/1/2013 0.1571 -0.1383 0.1084 0.0424 0.0153...
PLEASE INCLUDE EXCEL FORMULAS OR WORK Prepare (7) operating budgets for the year by quarter &...
PLEASE INCLUDE EXCEL FORMULAS OR WORK Prepare (7) operating budgets for the year by quarter & budgeted Income Statement for the Candy business Sales Information: Company advertises that it will match the competition (Internal factor) Five year historical selling total units per year: 220k, 210k, 180k, 196k, & 200k Surrounding shopping area includes discount stores (i.e. Target, Walmart) selling similar product for $15, $20 respectively (external factor) Stock Market down 25% in last 3 months, oil per barrel at record...
I'm using this to study for an exam, please write out all steps and include formulas,...
I'm using this to study for an exam, please write out all steps and include formulas, thank you! The world's fastest land animal, the cheetah, can accelerate at 8.75 m/s2 to a top speed of vcmax = 30.5 m/s. A cheetah observes a passing gazelle traveling at vg = 19.1 m/s and begins to chase it. (a) How long, in seconds, does it take the cheetah to reach its maximum velocity, vcmax, assuming its acceleration is constant? (b) How far,...
Please include formulas and work Suppose that you sell short 500 shares of Intel, which is...
Please include formulas and work Suppose that you sell short 500 shares of Intel, which is currently selling for $20 per share. Your broker requires 40% initial margin in short sales, which you covered using the T- bills in your account. Assume that the maintenance margin is 20%. How high can Intel's price rise before you get a margin call? How much money would you have to put into your account in order to satisfy the maintenance margin requirement if...
The endocrine system consists of several different glands. These include the pituitary, pineal, thyroid, and adrenal...
The endocrine system consists of several different glands. These include the pituitary, pineal, thyroid, and adrenal glands, along with the pancrease and the gonads (ovaries for women, and testes for men). Please answer the question: which of these glands do you believe is most important? Explain why and defend your answer. Your response should be a minimum of 100 words, with in-text citations and references.
Please Include excel formulas Income Statement for the Year Ending December 31 (Millions of Dollars) 2015...
Please Include excel formulas Income Statement for the Year Ending December 31 (Millions of Dollars) 2015 Net Sales $800.0 Costs (except depreciation) $576.0 Depreciation $60.0 Total operating costs $636.0 Earning before int. & tax $164.0 Less interest $32.0 Earning before taxes $132.0 Taxes (40%) $52.8 Net income before pref. div. $79.2 Preferred div. $1.4 Net income avail. for com. div. $77.9 Common dividends $31.1 Addition to retained earnings $46.7 Number of shares (in millions) 10 Dividends per share $3.11 Balance...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT