Use SolverTable in the blending model to find the shadow price of crude oil 1-that is, the

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Use SolverTable in the blending model to find the shadow price of crude oil 1-that is, the amount Chandler would be willing to spend to acquire more crude oil 1. Does this shadow price change as Chandler keeps getting more of crude oil 1? Answer the same questions for crude oil 2.

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Business Analytics Data Analysis and Decision Making

ISBN: 978-1305947542

6th edition

Authors: S. Christian Albright, Wayne L. Winston

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