Write the algebraic formulation of Case 6.1 (Giant Motor Company) in your textbook and solve using Excel or GAMS, and report you
Write the algebraic formulation of Case 6.1 (Giant Motor Company) in your textbook and solve using Excel or GAMS, and report your findings.
Model
| Giant Motor Company | |||||
| Assumptions | |||||
| The Lyra and/or Libra plants can be retooled | |||||
| The Hydra plant must stay open and cannot be retooled | |||||
| There is no incentive to produce more than demand | |||||
| Plant characteristics | |||||
| Lyra | Libra | Hydra | New Lyra | New Libra | |
| Capacity (in millions) | 1 | 0.8 | 0.9 | 1.6 | 1.8 |
| Fixed cost (in $billions) | 2 | 2 | 2.6 | 3.4 | 3.7 |
| Profit margin (in $1000s) per car (large negative numbers mean the plant can't make that car) | |||||
| Lyra | Libra | Hydra | New Lyra | New Libra | |
| Lyra | 2 | -100 | -100 | 2.5 | 2.3 |
| Libra | -100 | 3 | -100 | 3 | 3.5 |
| Hydra | -100 | -100 | 5 | -100 | 4.8 |
| Demand (in millions) | |||||
| Lyra | 1.4 | ||||
| Libra | 1.1 | ||||
| Hydra | 0.8 | ||||
| Demand diversion matrix (from along side, to along top) | |||||
| Lyra | Libra | Hydra | |||
| Lyra | NA | 0.3 | 0.05 | ||
| Libra | 0 | NA | 0.1 | ||
| Hydra | 0 | 0 | NA |
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
