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BATCO is a US based builder of big Aluminum Things (BATs) are, not surprisingly, made of aluminum, and it takes a log of aluminum to

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BATCO is a US based builder of big Aluminum Things (BATs) are, not surprisingly, made of aluminum, and it takes a log of aluminum to make one. BATCO has a contract to build a BAT for a company in colored. This particular BAT will take about 1, 000, 000 pounds of aluminum. The aluminum for this BAT will be purchased in four months, and the BAT will be delivered and paid for by the customer in nine months. You are a partner for a middle-sized financial advisory services firm. BATCO has invited you, as well as the representatives of other financial advisory services firms, to present a proposal for a way for BATCO to reduce risk presented by the fluctuating aluminum market. Prepare and present your proposal. Same case as above except that the aluminum will be purchased in the US and the BAT will be delivered to and paid for by a company in France

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