OMGT2287 Supply Chain Modelling And Design

6 Downloads 11 Pages / 2,553 Words 31-12-2019

Question:

It will cost approximately \$109,603 to move one megatonne of recycling garbage for one kilometre. The management would like to maximise the amount of recycled garbage and minimise the transportation cost.

a. Formulate a multiple-objective linear programming (MOLP) model for this problem in a Word file with a brief description of an equation, and implement the MOLP model in an Excel spreadsheet.

b. Determine the optimal value for each objective in the problem.

c. Suppose the management considers maximising the amount of recycled garbage to be three times as important as minimising the transportation cost. Formulate a GP
model to optimise both objectives simultaneously with a brief description of an equation in a Word file, and implement the MOLP model in an Excel spreadsheet. What do the results suggest?

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