The purpose of a dummy source or a dummy destination in a transportation problem is to: change a problem from maximization to minimization. make certain that the total cost does not exceed some specified figure. provide a means of representing a dummy problem. obtain a balance between total supply and total demand. prevent the solution from becoming degenerate.

The purpose of a dummy source or a dummy destination in a transportation problem is to: change a problem from maximization to minimization. make certain that the total cost does not exceed some specified figure. provide a means of representing a dummy problem. obtain a balance between total supply and total demand. prevent the solution from becoming degenerate.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 46P

See similar textbooks

Similar questions

Priceline.com is an online travel agency for finding discount rates for travel-related purchases such as airline tickets and hotel stays. The company facilitates the provision of travel services from its suppliers to its clients. Priceline's profit from the proceeds is the difference between the price suggested by a customer and the one charged by the service provider. It has also added a more traditional model, called Express Deals, where travelers have presented prices and a geographical perimeter within which the hotel will be located but are not told the name of the establishment.Determine in the above case how priceline.com will benefit most from different social networking platforms and tools?
Problem № 2 Solve the transport problem by using the method of the potentials if the following initial conditions are: Number of suppliers M = 3; number of consumers N = 4; Amount on hand at the suppliers a₁ = 25, a₂ = 30, a3 = 45 > Necessary amount of the consumers b₁ = 15; b₂ = 20; b₂ = 30; b₁ = 35 > Transport expenses c₁, (from S, (Supplyer) to C, (Consumer)): C₁₁ = 10; C12 = 5; C₁3= 6; C₁4 = 7; C21 = 8; C22 =2; C23 = 7; C24 = 6; C31 = 9; C32 = 3; C33 = 4; C34 = 8.
Mark Ewing has decided to enter contract with uber service provider in his area. The driver offers a car variety of mileage or distance to be travelled to him. All contracts were to be signed for three years. The first option has a monthly rent of P3,000, with a total mileage allowance of 36,000 kilometers (an average of 12,000 kilometers per year) and a cost of P35 per kilometer for any kilometers over 36,000. The following table summarizes each of the Uber Service Contract offered to him: 3-Year Contract Monthly Cost Mileage Allowance Cost Per Excess Kilometer Option A P3,000 30,000 P 35 Option B P3,500 45,000 P 25 Option C P4,000 54,000 P 15 Mark has estimated that, during the 3 years of the agreement, there is a 40% chance he will drive an average of 12,000 kilometers per year, a 30% chance he will drive an average of 15,000 miles per year, and a 30% chance that he will drive 18,000 miles per year. In evaluating the options, Mark would…
A shipper has three options to send an expensive cargo worth $35,000 across the pacific and the holding cost for the same is $730 per year. Firstly, opting for a slow cargo ship with a freight cost of $50 will take 2 months. Secondly, choose to send it via a fast ship but the freight cost gone up to $100 and the cargo delivered within a month. Lastly, the shipper can opt for the air transit for $150 and get it delivered within a week. Given this situation, which option the shipper should choose to opt for?
Homie Appliance Company operates a branch in Manila City. The following are transactions between the home office and branch for the current year. The home office sends P200,000 cash to the branch. Shipments to branch are billed at cost of P78,750. The Home Office pays branch expense of P3,500. Home office expense of 3,375 are paid by the branch. The branch returned merchandise costing P10,000 to the home office. Home office acquires branch furniture for P20,500 cash. The said fixed asset is carried on Branch Books. The annual depreciation on the branch furniture is 5%. The branch sends a P15,000 cash remittance to home office. Q1-What is the adjusted balance of Branch Current account in the Home Office Books? Q2-What is the adjusted Home Office Current account in the Home Office Books?
Describe what is meant by the shadow price in linear programming?
The following payment period ratios, averaged, for borrowings were reported for the year 2021 by five competing biotech firms in San Diego: KLM-0.378 NOP = 0.348 QRS 0.421 UTV -0.355 XYZ 0.353 Question: Which of these five blotech firms reported the most efficient ("best") ratio for loan O Blotech firm XYZ O Biotech firm UTV OBotech firm KLM 1O Blotech firim QRS Botech firm NOP
Obtain the initial basic feasible solution to the following transportation problem using north- west corner rule D1 D2 D3 D4 SUPPLY O1 6 4 1 5 14 O2 8 9 2 7 16 O3 4 3 6 2 5 DEMAND 6 10 15 4 Where O1, O2, O3, O4 are the origins and D1, D2, D3, D4 are requirements respectively. Obtain the minimum cost and comment upon the concept of transportation problem and its significance in detail.
Suppliers A, B, and C supply components to three plants -- F, G, and H via two transshipment facilities -- T1 and T2. It costs $4 to ship from T1 regardless of final destination and $3 to ship to T2 regardless of supplier. Shipping to T1 from A, B, and C costs $3, $4, and $5, respectively, and shipping from T2 to F, G, and H costs $10, $9, and $8, respectively. Suppliers A, B, and C can provide 200, 300 and 500 units respectively and plants F, G, and H need 350, 450, and 200 units respectively. The Logistics Manager has come to you for help. Answer the following question: Which of these is not an element of the objective function? Group of answer choices 4D-T1 600T1 9T2-G 3C-T2 Plz do fast asap
Consider the transportation problem having the following parameter table: Source Demand 12 2 Destination 1 8 a6 6 3 2 5 4 3 Supply 4 2 (a) Use the transportation simplex method to solve the above problem
4. Companies A, B, and C supply components to three plants (F, G, and H) via two crossdocking facilities (D and E). It costs $4 to ship from D regardless of final destination and $3 to ship to E regardless of supplier. Shipping to D from A, B, and C costs $3, $4, and $5, respectively, and shipping from E to F, G, and H costs $10, $9, and $8, respectively. Suppliers A, B, and C can provide 200, 300 and 500 units respectively and plants F, G, and H need 350, 450, and 200 units respectively. Crossdock facilities D and E can handle 600 and 700 units, respectively. Logistics Manager, Aretha Franklin, had previously used "Chain of Fools" as her supply chain consulting company, but now turns to you for some solid advice. Set up the solution in Excel and solve with Solver. What are total costs?
Consider the following transportation problem: Destination company A B C Supply 1 5 1 7 10 2 6 4 6 80 3 3 2 5 15 Demand 75 20 50 Since there is not enough supply, some of the demands at these destinations may not be satisfied. Suppose these are penalty costs for every unsatisfied demand unit which are given by 5, 3, and 2 for destination A, B, and C respectively. 1. Determine how many units and from which source needs to be shipped using the following methods: A) NWCB) LCMC) VAM2. Find the minimum distribution cost