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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: MillAluminum Grade 1 2 High 6 2Medium 2 2Low 4 10The 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. Formulate a linear programming model for this problem.18. Solve the linear programming model formulated in Problem 16 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 high-grade aluminumwere increased from 12 tons to 20 tons? If yes, what would the new solution values be?
Why do you think that Wal-Mart had so many events that caused its image to be tarnished? If Wal-Mart saves families thousands of dollars a year, why should it be responsible to other stakeholders?
a Draw an AON diagram of the project including activity durations and define the critical path, lisitng all critical activities in chronological order
What information should be included on an informed consent document (not a consent to release information document) that you would have a client read over and sign at the initial intake session
Explain how long would you expect it to take to get a cup of coffee. Illustrate what is the probability that 3 or more people are in the cafeteria.
Determine one (1) of the six (6) driving forces that lead executives to recognize the need for project management. Support your response with one (1) real-world example of the contribution of the driving force that you have chosen to overall proje..
As part of an insurance business's training program, participants learn explain how to conduct an analysis of clients' insurability. Which of participants would you judge to be capable.
Evaluate upper also lower control limits which will comprise roughly 97 percent of sample means when process is in control.
What is the number of containers currently in use? If the number of parts a container holds is increased to 24 parts, how many containers are needed?
How well is the Foot locker company doing compared against competitors? How are they differentiating themselves in the marketplace?
At Ionic, a large retailer of popular electronics, demand is constant at 32,000 devices per year. The cost of placing an order to replenish stock is $10, and annual cost of holding a device is $4 per device.
Identify one company and describe its experiences with mergers/acquisitions. Did these combinations create or destroy value? Why? For this exercise use Dell, Nike, United Airlines, eBay, Southwest Airlines, Blockbuster, Apple or another company.
Illustrate what is the difference between the two. Explain how would you resolve this dilemma if you were Jack or Jenny.
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