Question: 1 Problem 3 : Sensitivity Analysis Exercise - Model Instructions: This is the model for the problem attached on the right side. The sensitivity report

1 Problem 3: 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
2 worksheet "Problem 3-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 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.
 1 Problem 3: Sensitivity Analysis Exercise - Model Instructions: This is

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