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United Aluminum Company of Cincinnati produces three grades (high, medium, and low) of aluminum at two mills. Each mill has a different production capacity (in tons per day) for each grade, as follows: MillAluminum Grade 1 2 High 6 2Medium 2 2Low 4 10The company has contracted with a manufacturing firm to supply at least 12 tons of high-grade aluminum, 8 tons of medium-grade aluminum, and 5 tons of low-grade aluminum. It costs United $6,000 per day to operate mill 1 and $7,000 per day to operate mill 2. The company wants to know the number of days to operate each mill in order to meet the contract at the minimum cost. Formulate a linear programming model for this problem.18. Solve the linear programming model formulated in Problem 16 for United Aluminum Company by using the computer.a. Identify and explain the shadow prices for each of the aluminum grade contract requirements.b. Identify the sensitivity ranges for the objective function coefficients and the constraint quantity values.c. Would the solution values change if the contract requirements for high-grade aluminumwere increased from 12 tons to 20 tons? If yes, what would the new solution values be?
Consider this scenario: You are the senior executive responsible for technology innovation for Company A. The company learns of the cost and efficiency advantages
what is the efficiency of the line balanced as in d? suppose the demand rose from 750 to 800 units per day.what would you do?show any amount or calculations. Suppose that demand rose from 750 to 1,000 units per day.what would you do?show any amoun..
Calculate the overall proportion of "tourists" (cars with out-of-state plates). b. Calculate the LCL and UCL for these data
The manager, Peter Cunningham, is interested in obtaining a measure of overall performance. He has asked you to provide him with a multifactor measure of last year's performance as a benchmark for future comparison.
Describe the strategies which DuPont's management used to respond to the ozone controversy before the 1978 ban. Identify the social costs and risks associated with these strategies and the populations that bore these costs and risks
You have messages to send and while you consider how best to accomplish this Lou walks by as he returns from his regular break. It has been about a month since Noreen started work at the company
What elements discussed in the case study are important for someone who works in the field of human resources? How do the results of the quiz compare to what the case study states is ideal?
What factors prevent developing countries from becoming developed? Why? What are the responsibilities of industrialized nations to developing nations in this regard
Describe elements of the Toyota Production System (objectives, process, outcomes). Describe how sharpen the saw is applied in the Toyota Production System (objectives, process, outcomes)
Define them and show how later helps consumer in recommending a car among 3 brands. Assume that total features that are steering consumer's selection are: number of seats, availability of spare parts, engine performance and preferences of people ..
If Felix Corp wanted to deposit an equivalent lump sum today instead to build safety net, explain how much would company.
corporate income is taxed at the corporate and shareholder levels. Is there a way for Northwest Brands to avoid this double-income taxation?
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