A Soft Drink Manufacturing Company Has 3 Factories-One in Orlando

question 38

Essay

A soft drink manufacturing company has 3 factories-one in Orlando, one in Tampa, and one in Port St. Lucie-which supply soft drink bottles to 3 warehouses located in the city of Miami. The associated per-unit transportation cost table is provided below. $$\begin{array}{l}\text { Transportation Costs (\$) }\\\begin{array} { l c c c } \hline \text { Factories/Warehouse (W) } & \text { W1 } & \text { W2 } & \text { W3 } \\\hline \text { Orlando } & 4 & 3 & 7 \\\text { Tampa } & 7 & 6 & 4 \\\text { Port St. Lucie } & 3 & 6 & 6 \\\hline\end{array}\end{array}$$ The factory in Orlando has a capacity of 15,000 units.
The factory in Tampa has a capacity of 18,000 units.
The factory in Port St. Lucie has a capacity of 8,000 units.
The requirements of the warehouses are: $$\begin{array} { | l | c | } \hline \text { Warehouse } & \text { Requirement (Bottles) } \\\hline \text { W1 } & 18,000 \\\hline \text { W2 } & 12,000 \\\hline \text { W3 } & 5,000 \\\hline\end{array}$$ ​
a. Determine how much of the company's production should be shipped from each factory to each warehouse in order to minimize the total transportation cost?
b. Find an alternative optimal solution for this transportation problem?

Calculate the future value of investments given various compounding periods and interest rates.

Understand how changes in the discount rate influence the present value of future cash flows.

Apply the concept of interest-on-interest through the process of compounding.

Analyze investment options based on differences in compounding methods and interest rates.

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Definitions:

Quantifiable

Capable of being measured or expressed as a numerical value.

Adaptive Radiation

The evolutionary process where organisms rapidly diversify into a multitude of new forms, particularly when a change in the environment makes new resources available.

Beetle Lineage

The evolutionary history and classification of beetles, a diverse group of insects with a hard exoskeleton and over 350,000 species.

Hard Shells

Rigid external coverings that provide protection to the bodies of certain animals, like mollusks and turtles.