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At Exon-Mobile refinery in Texas City, the refining process requires the production of at least two gallons of gasoline for each gallon of fuel oil. To meet the anticipated demands of 2016 winter, at least three million gallons of fuel oil a day will need to be produced. The demand for gasoline, on the other hand, is not more than 6.4 million gallons a day. If gasoline is selling for $1.90 per gallon and fuel oil sells for $1.50/gal, how much of each should be produced in order to maximize revenue?
Consider the table below. This time, the historical profitability of eight locations is listed in the table. Devise a regression equation
Due to the space restrictions, loading equipment design also other reasons, the loading itself needs an average of 12 minutes.Classify the waiting system in which the platform trucks are servers.
Bob Buyer read in the Houston Chronicle supplement of the Sunday newspaper that his favorite pair of jeans was on sale for $40 at The Gap at the First Colony Mall. Bob likes a good deal so he was one of the first customers in the store on Sunday. As ..
The cost of baking a cake is $5 and demand is estimated to be normally distributed with a mean of 30 and a standard deviation of 6. What is the optimal stocking level?
Suppose that the output of a bottle filling process is normally distributed with the natural variability of sigma = .10. The process center has been fixed at 10 ounces. The USL = 10.1 ounces and the LSL= 9.8 ounces. The liquid cost $0.35 per ounce an..
Hiland’s TV-Radio Store must determine how many TVs and radios (in whole numbers) to keep in stock. A TV requires 10 square feet of floor space, whereas a radio requires 4 square feet; 5000 square feet of floor space is available. A TV sale results i..
What conclusion do you draw by applying a SWOT analysis to The Home Depot and Ford Motor Company? For which company is stronger ecological awareness by consumers a threat, and for which one do you think it is an opportunities, and if so, how?
In a 1-2 page paper, answer these questions: What do you think? Should Microsoft have stayed firm in its resolve to cut costs, even at the risk of upsetting the corporate culture? Did the employees have any bargaining power in this situation?
Post your response to the following focus questions: Describe a sole proprietorship and discuss its advantages and disadvantages. Describe a partnership and discuss its advantages and disadvantages. Describe a corporation and discuss its advantages a..
D.B. Smith Company recycles computers. It buys them and salvaged parts and materials from the obsolete systems. It considers that it has done a “quality” job if it can salvage 60 percent of the “book value” of equipment that it buys. Customer returns..
Jane Chang is making plans for a summer vacation. She will take $1,000 with her in the form of traveler’s checks. From the newspaper, she finds that if she purchases the checks by May 31, she will not have to pay a service charge.
Research the correlation, "Do violent video games contribute to youth violence?" and take a stand. Write a cohesive report describing your stand and substantiate your stand with at least two facts. Also, summarize the arguments given in the articles ..
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