Question

You own a franchise for delivering packages for several companies. You are going to buy a...

  1. You own a franchise for delivering packages for several companies. You are going to buy a fleet of trucks and vans. You want to minimize the cost of the fleet while meeting all of the deliveries.

Type of Vehicle

Cost

Capacity (no. of deliveries/day)

Van

$30,000

200

Truck

$45,000

500

You have an average of 3000 deliveries per day. You must have at least one van.

Set up the integer programming problem.

Homework Answers

Answer #1

X1 : Number of vans

X2 : Number of trucks

Number of deliveries per day for X1 vans

= Capacity for X1 vans = X1 x Capacity for one van = 200X1

Number of deliveries per day for X2Trucks

= Capacity for X2 trucks = X2 x Capacity for one truck = 500X2

Average deliveries to be made = 3000

200X1 + 500X2 3000

Cost of X1 vans = 30000X1

Cost of X2 trucks = 45000X2

Cost of the fleet : 30000X1 + 45000X2

You must have at least one van i.e X1 1

Minimize the cost the fleet : i.e

Minimize : 30000X1 + 45000X2

Subject to

200X1 + 500X2 3000

X1 1

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Penner Medical Products On Monday, April 14, Neil Bennett, Warehouse Manager at Penner Medical Products (Penner)...
Penner Medical Products On Monday, April 14, Neil Bennett, Warehouse Manager at Penner Medical Products (Penner) in Rockford Illinois, was concerned about rising costs and delays associated with shipments arriving from an important Canadian supplier, Stinson Distribution Company. Ken McCallum, General Manager of Penner has asked Bennett to review and analysis the situation and report back to him with recommendations by the end of the week. Penner Medical Products Penner was a family owned business which was a medical supplies...
How can differential analysis be applied here to determine if it would be profitable to invest...
How can differential analysis be applied here to determine if it would be profitable to invest in new equipment to increase capacity for a constrained resource? KRAYDEN’S CYCLE COMPONENTS INTRODUCTION: COMPANY, PRODUCT, AND SUPPLY CHAIN Krayden’s Cycle Components (KCC) is a high-end specialty fabricator that manufactures one product with many variants. The basic product is known as a rolling chassis, a key component used in manufacturing motorcycles. While there are variations across the industry, a rolling chassis typically consists of...
The Business Case for Agility “The battle is not always to the strongest, nor the race...
The Business Case for Agility “The battle is not always to the strongest, nor the race to the swiftest, but that’s the way to bet ’em!”  —C. Morgan Cofer In This Chapter This chapter discusses the business case for Agility, presenting six benefits for teams and the enterprise. It also describes a financial model that shows why incremental development works. Takeaways Agility is not just about the team. There are product-management, project-management, and technical issues beyond the team’s control. Lean-Agile provides...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...