Gartland Steel

Essay specific features

 

Issue:

Business

 

Written by:

Doris S

 

Date added:

November 22, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

13 / 3415

 

Was viewed:

1893 times

 

Rating of current essay:

 
Essay content:

He has different options available to tackle this problem. But the effect of each option on the profit margin has to be evaluated before considering them seriously. The different options are: 1) stack-by-stack where each module particular pollutant has to be reduced by a fixed amount 2) buying a plant such that you can use the pollution permit allotted for that plant, a variant of offset policy 3) changing the production process in open hearth plant 4) using the bubble policy where the pollution from coal and ore yard can be avoided by cleaning it up...
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Different linear programmes are formulated and solved with necessary constraints for each option. Each option is then evaluated on the basis of the profit margin achieved for each alternative. Finally the alternative is selected which offers the maximum profit. We found that following the bubble policy by bringing the coal and ore yards under the bubble offer the best solution in terms of profit...
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