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Chandpur Enterprises Limited, Steel Division
Bodily, Samuel E.; Mittal, AkshayCase DARDEN-QA-0761-EDecision AnalysisThe managing director of a steel plant faces the decision of how much of each raw material to order for the plant for the following month. Due to lower and upper bounds on the amounts of each raw material in a batch and varying amounts of electricity and time consumed for different raw materials, one can’t simply use the cheapest raw material. A linear program and the solver optimization function of Excel will provide the optimal amounts that mee...Starting at €8.20