Question: 1 Problem 3 : Sensitivity Analysis Exercise - Model Instructions: This is the model for the problem attached on the right side. The sensitivity report
Problem : Sensitivity Analysis Exercise Model
Instructions: This is the model for the problem attached on the right side. The sensitivity report for this
model is on the next worksheet. Based on this model and the sensitivity report, answer the questions on
worksheet "Problem Questions".
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:
Operation days
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
