Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

An air-conditioning manufacturer produces room air conditioners at plants in Houston, Phoenix, and Memphis. These are sent to regional distributors in Dallas, Atlanta, and Denver. The shipping costs vary, and the company would like to find the least-cost way to meet the demands at each of the distribution centers. Dallas needs to receive 800 air-conditioners per month, Atlanta needs 600, and Denver needs 200. Houston has 750 air-conditioners available each month, Phoenix has 550, and Memphis has 300. The shipping cost per unit from Houston to Dallas is $8, to Atlanta is $12, and to Denver is $10. Due to truck capacity limits, no more than 50 air-conditioners can be shipped between Houston and Denver each month. The cost per unit from Phoenix to Dallas is $10, and to Denver is $9. Air conditioners from Phoenix are never shipped to Atlanta. The cost per unit from Memphis to Dallas is $11, to Atlanta is $8, and to Denver is $12. problem:Formulate a linear optimization model to determine how many units should be shipped from each plant to each regional distribution center. You do not need to solve the problem.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M939427

Have any Question?


Related Questions in Microeconomics

Question jones has organized a proxy fight to take control

Question: Jones has organized a proxy fight to take control of XYZ corporation. He purchases several million shares on the market (which he can vote) and simultaneously sells them short. Thus, disregarding the cost of ar ...

Question 1vertical integration and franchising fees suppose

Question: 1.Vertical Integration and Franchising Fees. Suppose an upstreammanufacturer sells a product A which he can produce for a marginal cost of4 dollars to two downstream distributors who compete in a Cournot game.T ...

Question in 1980 the inflation rate in italy was 21 and the

Question: In 1980, the inflation rate in Italy was 21% and the unemployment rate was 4.4%. By 1998, the inflation rate in Italy had declined to 2% and the unemployment rate had risen to 12.3%. (A) What were the principal ...

Question write a report that includes the followingbull1

Question: Write a report that includes the following: • 1 brief historical background of the issue/organization/agreement • 2 explanation of why some support this issue/organization/agreement (be specific - who/which gro ...

Question requires calculus the demand facing a monopolist

Question: (Requires calculus) The demand facing a monopolist is Q = 50 - 2P and total cost is TC = Q + 4Q 2        Find the monopolist's optimal price, quantity, and profit. Graph the solution. a. If this were instead a ...

Question a explain how an amplification mechanism may have

Question: a) Explain how an amplification mechanism may have been created from mortgage losses to the effect on the economy. What three factors may have contributed? Explain each. b) Explain the process of a financial cr ...

Question 1on what basis did the court conclude that

Question: 1. On what basis did the court conclude that Microsoft was a monopoly (see "Market Share")? 2. What was Microsoft's market share of Intel-compatible PC operating system? Of all operating system, including those ...

Question there are three consumers a b and c consumer a is

Question: There are three consumers A, B and C. Consumer A is willing to pay 40-.25F dollars for a unit of flowers for the public square, B is willing to pay 75-.25F dollars for a unit of flowers, and C is willing to pay ...

Question if the perfectly competitive firm produces the

Question: If the perfectly competitive firm produces the output at which its marginal cost equals market price, it receives no profit (or a very tiny one) on the last unit it produces. Doesn't it make sense to produce fe ...

Question a car manufacturer is considering how many safety

Question: A car manufacturer is considering how many safety devices to install on a new car. The devices function independently and each one works with probability .9. Furthermore, they are connected "in parallel" so tha ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

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.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved