Least cost shipping schedule
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Determine the least cost shipping schedule where each of three (3) hardware vendors provide up to two hundred (200) units and each of six (6) buyers demand one hundred (100) units. The shipping costs (in dollars per unit) which are provided from Buyer 1 to Buyer 6 are as follows:
Buyer 1 Buyer 2 Buyer 3 Buyer 4 Buyer 5 Buyer 6
Nick's Nuts $100 $110 $90 $80 $70 $120
Henry's $150 $110 $190 $50 $120 $150
Anthony's $130 $125 $135 $130 $100 $135
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A step by step explanation on how to solve transshipment problems using excel solver. A separate sheet is dedicated to formulation, and solver procedure is explained using pictures.
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