3. A product is manufactured by four factories A, B, C and D. The unit production costs in themare ETB 2, ETB 3, ETB 1 and ETB 5 respectively. Their production capacities are 50, 70, 30and 50 units respectively. These factories supply the product to four stories, demands of whichare 25, 35, 105, and 20 units respectively. Unit transportation cost in ETB for each factory toeach store is given in the table below.Stores134A246.11FactoriesВ108.C133912D48Determine the transportation plan to minimize the total production-cum-transportation cost byusing:a. Vogel's Approximation Method (VAM) for initial basic feasible solutionb. Find the optimal solution using Modified Distribution Method (MODI) method.

Find the Given details below: Given details: Factories/Stores 1 2 3 4 Capacity Production cost…

Answered: A product is manufactured by four…

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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20# The Great Bear Lodge is a hotel with an adjoining indoor waterpark and indoor minature golf center. The hotel sells packages which include overnight hotel stays with waterpark passes and minature golf passes. The hotel also has a plicy of selling daily passes to the indoor waterpakr and daily passes to the indoor minature golf center (in other words people do not need to stay at the hotel to use the indoor waterpark or indoor minature golf center.) Hotel guests may also choose to reserve just a hotel room without purchasing the waterpark or minature golf center passes. Great Bear Lodge is offering an incentive for the month of April. They are offering a package in which guests who reserve an overnight stay with the waterpark pass package will receive a free pass to the minature golf center. The total price for this package is $225 per night. The typical pricing for each of these sold independently are: One night hotel stay: $180, Daily Waterpark pass: $90, Minature Golf…
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1. a. Define following: iv. Cycle Inventory v. Level of Product Availability vi. Reverse Logistics vii. Honey Combing
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