Formulate and Solve Optimization Models with Binary Variables and Logical

question 25

Multiple Choice

Formulate and solve optimization models with binary variables and logical constraints. LO2: Use a modern software tool to perform statistical calculations.
Use the table below to answer the following question(s) using the standard Solver. Below is the spreadsheet for a plant location model: $\begin{array}{|l|l|l|l|l|l|l|}\hline &{\text { A }} & \text { B } & \text { C } & \text { D } & \text { E } & \text { F } \\\hline 1 & \begin{array}{l}\text { Plant Location } \\\text { Model }\end{array} & & & & & \\\hline 2 & & & & & & \\\hline 3 & \text { Data } & & & & & \\\hline4&&&\text { Distribution Center }\\\hline 5 & \text { Plant } & \text { Houston } & \text { San Jose } & \text { Jacksonville } & \text { Memphis } & \text { Capacity } \\\hline 6 & \text { Dallas } & \$ 11.80 & \$ 16.48 & \$ 12.35 & \$ 18.56 & 1,300 \\\hline 7 & \text { Atlanta } & \$ 8.54 & \$ 14.65 & \$ 9.58 & \$ 18.25 & 750 \\\hline 8 & \text { Detroit } & \$ 12.89 & \$ 10.78 & \$ 7.85 & \$ 10.28 & 1,400 \\\hline 9 & \text { Baltimore } & \$ 14.36 & \$ 18.95 & \$ 14.61 & \$ 6.64 & 1,300 \\\hline 10 & \text { Demand } & 350 & 450 & 800 & 1,700 & \\\hline 11 & \\\hline 12 & \text { Model } \\\hline 13 & \\\hline 14 & \text { Amount Shipped }&&\text { Distribution Center } \\\hline 15 & \text { Plant } & \text { Houston } & \text { San Jose } & \text { Jack sonville } & \text { Memphis } & \text { Total Shipped } \\\hline 16 & \text { Dallas } & & & & & \\\hline 17 & \text { Atlanta } \\\hline 18 & \text { Detroit } \\\hline 19 & \text { Baltimore } \\\hline 20 & \text { Supply } \\\hline 21 & \\\hline 22 & \text { Total Cost } \\\hline 23 & \$ 0.00 \\\hline\end{array}$
-What is the total amount shipped by the Baltimore plant to the distribution centers?

• A) 750
• B) 1,000
• C) 1,250
• D) 1,300

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Definitions:

Postdated Check

A postdated check is a check written with a future date, indicating when it can be deposited or cashed.

Insufficient Funds

A situation where an account does not have enough money to cover a transaction, resulting in rejection or fees.

Dishonored Check

A check that a bank refuses to honor or pay because the account holder does not have sufficient funds.

Dishonor

The refusal or inability to fulfil an obligation, especially in relation to financial instruments like checks or promissory notes.