Refer to the Icebergs for Kuwait case. Review the problem statement and influence chart that were generated
Question:
Refer to the Icebergs for Kuwait case. Review the problem statement and influence chart that were generated for this case in conjunction with the corresponding exercises in Chapter 2. (If this has not yet been done, develop the problem statement and influence chart as preliminary steps.) Design a spreadsheet to estimate the economic value of the freshwater produced by towing the largest possible iceberg using the largest available boat.
The above exercises refer to the cases in the back of this book. Read the case description carefully, sketch an appropriate spreadsheet on paper, and then build and test a prototype model. The purpose of the model is specified in the question.
Step by Step Answer:
Management Science The Art Of Modeling With Spreadsheets
ISBN: 1301
4th Edition
Authors: Stephen G. Powell, Kenneth R. Baker