Question: Using an excel spreadsheet Analytic Solver how could i figure this out: Bruce currently has 1 0 0 , 0 0 0 cf of gas

Using an excel spreadsheet Analytic Solver how could i figure this out:
Bruce currently has 100,000 cf of gas in storage at Henry. Industrial customers in Joliet are offering $4.35 per
thousand cf for up to 35,000 cf of gas. Buyers in Leidy are offering $4.63 per thousand cf for up to 60,000 cf of gas.
Develop model(s) to help Bruce answer below items. Summarize each model decision variables and objective
function. Create spreadsheet model(s) for below items.
Given the available capacity in the network, how much gas can be shipped from Henry
to Leidy? From Henry to Joliet?
How much gas should Bruce offer to sell to Joliet and Leidy if he wants to maximize
profits?
Is Bruce able to meet all the demand from both customers? If not, why not?
If Bruce wanted to try to pay more to obtain additional capacity on some of the
pipelines, which ones should he investigate and why?
 Using an excel spreadsheet Analytic Solver how could i figure this

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!