+1-415-315-9853

info@mywordsolution.com

Management Studies

 Management Theories Operation Management HR Management Project Management Business Management Operation Research Marketing Management Strategic Management Management Information System

Excel Quantitative Methods for Bay City Movers: construct Linear programming model

Instructions: (1) The Microsoft Excel spreadsheet using Solver to find out the optimal solution. Include the algebraic equations for the problem if asked in the spreadsheet.

Bay City Movers is a local company that specializes in intercity moves. In the business plan submitted to its investors, Bay City has committed itself to a total trucking capacity of at least 42 tons.

The company is in the process of replacing its entire fleet of trucks with 1-ton pickup trucks and 2.5 ton moving van-type trucks. The 1-ton pickup trucks will be manned by one worker, whereas the large vans will utilize a total of four workers for larger moves.

Bay City Movers currently employs 63 workers and has facilities for at most 50 trucks. Pickup trucks cost the company \$24,000 each; the moving vans cost \$60,000 each. The company wishes to make the minimum investment of capital that will provide a trucking capacity of at least 42 tons while not requiring any additional workers or trucking facilities.

a) Construct, in equation form, the linear programming model that will determine the optimal number of pickup trucks and moving vans Bay City Movers should purchase.

b) Solve this problem using Solver.

Operation Research, Management Studies

• Category:- Operation Research
• Reference No.:- M924013

Have any Question?

Related Questions in Operation Research

Questionusing minitab andor a cause-and-effect diagram

Question: Using Minitab and/or a cause-and-effect diagram, identify the root cause of the problem you are trying to solve for the process you chose in 1-3. Also, construct a main effects plot, if applicable.

Consider you need to conduct a business forecastdescribe

Consider you need to conduct a business forecast. Describe your forecast process according to the following steps: - Define the purpose of the forecast o Establish a time horizon - Select a forecasting technique o Gather ...

Short essays no required length1 discuss how occupational

Short essays (no required length) 1. Discuss how occupational safety and health laws and regulations are established, implemented and possibly altered. 2. Compare and contrast this with the establishment of environmental ...

"Business Models and Consumer Choices" Please respond to the following: Debate It: Take a position on the following statement: Copyright laws protect rights of creative independent artists against a large corrupt music i ...

In every organization inputs of some kind services

In every organization, inputs of some kind (services, information, and/or products) are transformed into outputs (services, information, and/or products) on an ongoing, continuous basis, which are of value to internal or ...

The agile approach towards system analysis and development

The agile approach towards system analysis and development emphasizes iterative and incremental development, in which requirements and solutions evolve through collaboration. Prepare a 1000 word essay on the requirements ...

The reading assignments in module 1 plus the lecture

The reading assignments in Module 1, plus the lecture, present an introductory framework for the project management office (PMO). Explain the key distinction between the PMO and project management. Respond to one of the ...

In this discussion forum you will discuss the implications

In this discussion forum, you will discuss the implications of not having a clear and precise scope of the project, and why it needs to be approved by higher management. Also discuss the importance of listing, sequencing ...

Michael has decided to invest 40000 in three types of funds

Michael has decided to invest \$40,000 in three types of funds. Fund A has projected an annual return of 8 percent, Fund B has projected an annual return of 10 percent, and Fund C has projected an annual return of 9 perce ...

Directions the assignment focuses on your own understanding

DIRECTIONS The assignment focuses on your own understanding of the team's group project. Early in the conceptual phase of a new product, team members should begin to think about all of the things that need to be done to ...

• 13,132 Experts

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen