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The 3-blood banks in Franklin County are coordinated by a central office that facilitates blood delivery to 4-hospitals in the region. The cost to ship a standard container of blood from each bank to each hospital is demonstrate in the table given below. Also given are the biweekly number of containers available at each bank and the biweekly number of containers of blood needed at each hospital.
How many shipments should be made biweekly from each blood bank to each hospital so that total shipment costs are minimized?
______ TO _______
FROM Hospital 1 Hospital 2 Hospital 3 Hospital 4 SUPPLYBank 1 $8 $9 $11 $16 50Bank 2 $12 $7 $5 $8 80Bank 3 $14 $10 $6 $7 120DEMAND 90 70 40 50 250
Project Management for ACME Development Corporation: Procurement process
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Separate the expenses between fixed and variable cost per unit. Using this information and the sales price per unit of $6, compute the break-even point.
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