Question: 1 Problem 1 : Excel Solver Exercise Instructions: This model corresponds to the problem attached on the right. 1 ) Enter the parameters and formulas
Problem : Excel Solver Exercise
Instructions: This model corresponds to the problem attached on the right. Enter the parameters and formulas into the spreadsheet, Solve the LP model using Excel Solver, and Provide the answer report and sensitivity report.
tableAluminumMill Mill Production Quantity,Demand,HighUnited Aluminum Company of Cincinnati produces aluminum at two mills. Each mill has a different pro grade, as follows:MediumLowCost per day,,,,,Aluminum Grade,MillOperation days,,,,High,Mill Mill Medium
Low,
Total cost
The company has contracted with a manufacturing firm to supply at least tons of highgrade
aluminum, tons of mediumgrade aluminum, and tons of lowgrade aluminum. It costs United
$ per day to operate mill and $ per day to operate mill The company wants to know
the number of days to operate each mill in order to meet the contract at the minimum cost.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
