Spreadsheet modeling and decision analysis a practical introduction to business analytics 8th editio

Page 1

Chapter 5 - Network Modeling : S-1 —————————————————————————————————————————————

Solution Manual for Spreadsheet Modeling and Decision Analysis A Practical Introduction to Business Analytics 8th Edition Ragsdale 130594741X 9781305947412 Full download link at: Solution manual: https://testbankpack.com/p/solution-manual-for-spreadsheetmodeling-and-decision-analysis-a-practical-introduction-to-business-analytics-8thedition-ragsdale-130594741x-9781305947412/

Chapter 5 Network Modeling 1.

If supplies are represented by positive numbers and demands are represented numbers, the balance-of-flow rule would be stated as follows: For Minimum Cost Network Apply This Balance-of-Flow Rule Flow Problems Where: At Each Node: Total Supply > Total Demand Outflow - Inflow  Supply or Demand Total Supply < Total Demand Outflow - Inflow  Supply or Demand Total Supply = Total Demand Outflow - Inflow = Supply or Demand

2.

Multiply both sides of the constraint by -1 and reverse the sign of the inequality.

3.

See file: Prb5_3.xlsm a.

Total cost = $3,398, All materials are used, All demand is met. Net Node Flow Supply/Demand 1 Newspaper -80.0 -80 Mixed 2 Paper -50.0 -50 White 3 Office -30.0 -30 4 Cardboard -40.0 -40 5 Process 1 0.0 0 6 Process 2 0.0 0 7 Newsprint 60.0 60 8 Packaging 40.0 40 9 Print Stock 50.0 50

b.

Total cost = $3,129, All materials are NOT used, All demand is met. Net Node Flow Supply/Demand 1 Newspaper -80.0 -80 2 Mixed Paper -50.0 -50 3 White Office -30.0 -30 4 Cardboard -25.4 -40 5 Process 1 0.0 0 6 Process 2 0.0 0


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