Format | Price | Quantity | Select |
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A plant manager must decide which contracts to take for his casting-press operation and the price to bid on a new GM water pump. In the process, jobs must be scheduled in regular time, overtime, and outsourcing, and the plant manager must consider uncertainty in volumes, costs, available uptime hours, and the uncertainty about winning the contract bid, which depends on price. Two student spreadsheet files are available for use with this case.