Kelly Foods has two plants and ships canned vegetables to customers in four cities The cost of shipping one case from a plant to a customer is givern in the accompanying table The plant in Akron has a capacity of 3,500 cases per week and the Evansville plant can produce 4,200 cases per week. Customer orders for the next week are as follows: Chicago: 1, 100 cases; Cincinnati 1,900 cases, Indianapolis 2,400 cases; Pittsburgh: 1,500 cases. Find the minimum-cost shipping plan. E Click here to view the cost of shipping data Complete the table below to indicate the number of cases sent from each plant to each customer to minimize the cost, and then give the total cost (Type integers or decimals. Do not round.) Plant/Customer Chicago Cincinnati Indianapolis Pittsburgh Akron Cost of Shipping Data Evansville Total cost = s Plant Customer Chicago Cincinnati Indianapolis Pittsburgh Akron $1.73 $2.32 $2 45 $2 16 S2 92 Evansville $1.92 $2.35 $1.69
Kelly Foods has two plants and ships canned vegetables to customers in four cities The cost of shipping one case from a plant to a customer is givern in the accompanying table The plant in Akron has a capacity of 3,500 cases per week and the Evansville plant can produce 4,200 cases per week. Customer orders for the next week are as follows: Chicago: 1, 100 cases; Cincinnati 1,900 cases, Indianapolis 2,400 cases; Pittsburgh: 1,500 cases. Find the minimum-cost shipping plan. E Click here to view the cost of shipping data Complete the table below to indicate the number of cases sent from each plant to each customer to minimize the cost, and then give the total cost (Type integers or decimals. Do not round.) Plant/Customer Chicago Cincinnati Indianapolis Pittsburgh Akron Cost of Shipping Data Evansville Total cost = s Plant Customer Chicago Cincinnati Indianapolis Pittsburgh Akron $1.73 $2.32 $2 45 $2 16 S2 92 Evansville $1.92 $2.35 $1.69
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter6: Optimization Models With Integer Variables
Section: Chapter Questions
Problem 61P
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Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
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