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Chapter 3: Q8PE. (page 398)

The Microsoft Excel function was used to solve the transportation model.

Short Answer

Expert verified

Solver is the Microsoft Excel function used to solve the transportation model.

Step by step solution

01

About Solver

Solver is an MS Exceladd-in program used to perform what-if analysis. It is used to solve the maximum or the minimum value in a spreadsheet cell called an Objective cell.

02

Importance of solver

A solver is used to solve linear programming, aka linear optimization problems, and that is why a solver is sometimes also called a linear programming solver.

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Most popular questions from this chapter

What is used to indicate suggested changes in a process that may lead to improvements in a value stream?

A production control system that uses a signaling device to regulate the flow of material.

Question:Outline a plan for introducing lean at Quality Parts Company.

A supplier of instrument gauge clusters uses a kanban system to control material flow. The gauge cluster housings are transported five at a time. A fabrication center produces approximately 10 gauges per hour. It takes approximately two hours for the housing to be replenished. Due to variations in processing times, management has decided to keep 20 percent of the needed inventory as safety stock. How many kanban card sets are needed?

What lean concept relates to eliminating non–value-added steps and waste in product storage processes?
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