Quantitative Decision Making Models

QUESTION ONE

Decision Variables

Let,

MP1 = bid received from Martin Products in distribution Hub 1

SM1 = bid received from Schmidt Materials in distribution Hub 1

MC1 = bid received from Miller Containers in distribution Hub 1

DB1 = bid received from D&J Burns in distribution Hub 1

LF1 = bid received from Larbes Furnishings in distribution Hub 1

LD1 – bid received from Lawler Depot in distribution Hub 1

MP2 = bid received from Martin Products in distribution Hub 2

SM2 = bid received from Schmidt Materials in distribution Hub 2

MC2 = bid received from Miller Containers in distribution Hub 2

DB2 = bid received from D&J Burns in distribution Hub 2

LF2 = bid received from Larbes Furnishings in distribution Hub 2

LD2 – bid received from Lawler Depot in distribution Hub 2

MP3 = bid received from Martin Products in distribution Hub 3

SM3 = bid received from Schmidt Materials in distribution Hub 3

MC3 = bid received from Miller Containers in distribution Hub 3

DB3 = bid received from D&J Burns in distribution Hub 3

LF3 = bid received from Larbes Furnishings in distribution Hub 3

LD3 – bid received from Lawler Depot in distribution Hub 3

MP4 = bid received from Martin Products in distribution Hub 4

SM4 = bid received from Schmidt Materials in distribution Hub 4

MC4 = bid received from Miller Containers in distribution Hub 4

DB4 = bid received from D&J Burns in distribution Hub 4

LF4 = bid received from Larbes Furnishings in distribution Hub 4

LD4 – bid received from Lawler Depot in distribution Hub 4

Objective Function

MIN 190MP1 + 150SM1 + 210MC1 + 170DB1+ 220LF1 + 270LD1 + 175MP2 + 235SM2 + 225MC2 + 185DB2 + 190LF2 + 200LD2 + 125MP3 + 155SM3 + 135MC3...