PROBLEM 12 The Easy Time Grocery chain operates in major metropolitan areas on the East Coast. The stores have a "no-frills" approach, with low overhead and high volume. They generally buy their stock in volume at low prices. However, in some cases they actually buy stock at stores in other areas and ship it in. They can do this because of high prices in the cities they operate in compared with costs in other locations. One example is baby food. Easy Time purchases baby food at stores in Albany, Binghamton, Claremont, Dover, and Edison and then trucks it to six stores in and around New York City. The stores in the outlying areas know what Easy Time is up to, so they limit the number of cases of baby food Easy Time can purchase. The following table shows the profit Easy Time makes per case of baby food, based on where the chain purchases it and at which store it is sold, plus the available baby food per week at purchase locations and the shelf space available at each Easy Time store per week: Purchase Easy Time Store (profit/case) (in $) Location 3 4 5 11 12 8 6 Albany Binghamton Claremont Dover Edison Demand 1 9 10 8 4 12 25 2 8 10 6 6 10 15 6 9 8 30 5 5 9 18 7 9 7 8 6 27 6 8 7 4 10 7 35 Supply 26 40 20 40 45 Determine where Easy Time should purchase baby food and how the food should be distributed to maximize profit.
PROBLEM 12 The Easy Time Grocery chain operates in major metropolitan areas on the East Coast. The stores have a "no-frills" approach, with low overhead and high volume. They generally buy their stock in volume at low prices. However, in some cases they actually buy stock at stores in other areas and ship it in. They can do this because of high prices in the cities they operate in compared with costs in other locations. One example is baby food. Easy Time purchases baby food at stores in Albany, Binghamton, Claremont, Dover, and Edison and then trucks it to six stores in and around New York City. The stores in the outlying areas know what Easy Time is up to, so they limit the number of cases of baby food Easy Time can purchase. The following table shows the profit Easy Time makes per case of baby food, based on where the chain purchases it and at which store it is sold, plus the available baby food per week at purchase locations and the shelf space available at each Easy Time store per week: Purchase Easy Time Store (profit/case) (in $) Location 3 4 5 11 12 8 6 Albany Binghamton Claremont Dover Edison Demand 1 9 10 8 4 12 25 2 8 10 6 6 10 15 6 9 8 30 5 5 9 18 7 9 7 8 6 27 6 8 7 4 10 7 35 Supply 26 40 20 40 45 Determine where Easy Time should purchase baby food and how the food should be distributed to maximize profit.
Principles of Information Systems (MindTap Course List)
12th Edition
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Ralph Stair, George Reynolds
Chapter2: Information Systems In Organizations
Section: Chapter Questions
Problem 2CTQ2
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PLEASE USE EXCEL ON ANSWERING THE QUESTIONS. MAKE SURE TO TAKE A SCREENSHOT STEP BY STEP OF HOW YOU DID THE SOLUTIONS IN EXCEL. ANSWER THIS COMPLETELY TO GET AN UPVOTE. I POSTED A LOT OF THIS, IF YOU SEE THIS AGAIN, YOU CAN SEND THE SAME SOLUTIONS, I WILL STILL UPVOTE DO NOT WORRY, JUST GIVE ME THE CORRECT SOLUTIONS AND ANSWERS.
I REPEAT, ONLY EXCEL
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PLEASE ALSO ANSWER THIS THRU EXCEL AND SHOW FORMULAS STEP BY STEP. THANK YOU I WILL UPVOTE I PROMISE.
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