4. Steel Fabricators manufactures truck panels by blending ore from four different mines. Each ton of blended ore requires at least<\/p>\n
10 pounds of element A per ton
90 pounds of element B per ton
18 pounds of element C per ton.<\/p>\n
Each mine charges a different price, and each mine\u2019s ore provides a different blend of basic elements.
Mine<\/p>\n
Element 1 2 3 4 Minimum
Requirement
lbs A \/ ton 18 6 16 4 10
lbs B \/ ton 80 120 75 110 90
lbs C \/ ton 25 12 10 15 18
$ Cost \/ ton 900 480 675 465<\/p>\n
The objective is to minimize the cost of a ton of blended ore that satisfies the minimum requirements on elements A, B, and C. Answer the following independent questions.<\/p>\n
(a) How much does a ton of the blend cost?<\/p>\n
(b) How much element A is in the minimum cost blend? How much element B?<\/p>\n
Justify your answers to (c), (d), and (e) by reference to the sensitivity report for your Solver solution to the above problem.<\/p>\n
(c) If instead of requiring 10 pounds of A per ton in the blend, we needed 12, what would it cost to blend a ton of ore?<\/p>\n
(d) How much would I have to decrease the amount of C required before the cost per blended ton drops to $576?<\/p>\n
(e) We are not using any ore from mine 3. How much would it have to lower its price before we considered buying ore 3?<\/p>\n
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4. Steel Fabricators manufactures truck panels by blending ore from four different mines. Each ton of blended ore requires at least 10 pounds of element A per ton 90 pounds of element B per ton 18 pounds of element C Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-75863","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/75863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=75863"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/75863\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=75863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=75863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=75863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}