can you please solve this problem from the optimization modeling with spreadsheets book. thanks Hint/Note: In this problem you may wonder “How am I supposed to make anything if I cannot import machines/steel/trucks?” Well, think of this as a planning (strategic) model as against an operational model. If you are still unconvinced, you can assume (in your mind only; no need for actual numbers!) that a minimal amount of resident machines/steel/trucks from last year was used to begin production and then of course it becomes self-sustaining. Those of you who recall some microeconomics may think of this situation as similar to classic economic equilibrium.
can you please solve this problem from the optimization modeling with spreadsheets book. thanksHint/Note:
In this problem you may wonder “How am I supposed to make anything if I cannot
import machines/steel/trucks?” Well, think of this as a planning (strategic) model as against an operational model. If you are still unconvinced, you can assume (in your mind only; no need for
actual numbers!) that a minimal amount of resident machines/steel/trucks from last year was used to begin production and then of course it becomes self-sustaining. Those of you who recall some microeconomics may think of this situation as similar to classic economic equilibrium.
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
