Question: only solve problem 1 4 by using excel solver ( must show all the steps and screenshots of excel ) 1 2 . United Aluminum
only solve problem by using excel solvermust show all the steps and screenshots of excel 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:
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 to meet the contract at the minimum cost.
Formulate a linear programming model for this problem.
Solve the linear programming model formulated in Problem for United Aluminum Company graphically.
a How much extra ic surplus high medium and lowgrade aluminum does the company produce at the optimal solution?
b What would be the effect on the optimal solution if the cost of operating mill increased from $ to $ per day?
c What would be the effect on the optimal solution if the company could supply only tons of highgrade aluminum?
Solve the linear programming model formulated in Problem 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 highgrade aluminum were increased from tons to tons? If yes, what would the new solution values be
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