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Exhibit 4.1
The following questions are based on the problem below and accompanying Analytic Solver Platform sensitivity report.
Carlton construction is supplying building materials for a new mall construction project in Kansas. Their contract calls for a total of 250,000 tons of material to be delivered over a three-week period. Carlton's supply depot has access to three modes of transportation: a trucking fleet, railway delivery, and air cargo transport. Their contract calls for 120,000 tons delivered by the end of week one, 80% of the total delivered by the end of week two, and the entire amount delivered by the end of week three. Contracts in place with the transportation companies call for at least 45% of the total delivered be delivered by trucking, at least 40% of the total delivered be delivered by railway, and up to 15% of the total delivered be delivered by air cargo. Unfortunately, competing demands limit the availability of each mode of transportation each of the three weeks to the following levels (all in thousands of tons): The following is the LP model for this logistics problem.
-Refer to Exhibit 4.1. Are there alternate optimal solutions to this problem?
Exculpatory Clause
A provision in a contract that absolves one party from liability for their own negligence or wrongdoing.
Liability
Obligation or liability for one's actions or debts.
Tortious Conduct
Actions carried out by an individual or entity that cause harm or loss to another, leading to civil legal liability.
Public Officer
An individual holding a position of authority in a governmental organization, bound by official duties.
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