Business decision model, Business Management

Commonly used for delivery of fuel products, a truck / trailer combination has five product compartments: three in the lead trailer and two in the pup trailer. The lead trailer's compartments can hold 2,700, 2,800, and 1,100 gallons of fuel respectively, while the pup compartments can hold 1,800 and 3,400 gallons of fuel respectively, for a total capacity of 11,800 gallons.

Three types of unleaded fuel (premium, mid-grade, and regular) are required at a customer's gas station. The gas station requires 2,900 gallons of premium, 4,000 gallons of mid-grade, and 4,900 gallons of regular gasoline.

Each compartment can only carry one type of fuel. The fuel supplier is under contract to meet the gas station's demand - if demand cannot be met, then the supplier will pay a penalty of $10/gallon for premium, $8/gallon for mid-grade, and $6/gallon for regular gasoline not delivered.

The maximum allowed shortage is 500 gallons for each type of fuel.

How should the company load the truck?

Part a: Should contain the mathematical formulation of the problem - decision variables, objective function and constraints.

Part b: Excel formulation worksheet and answer report.

Posted Date: 4/1/2013 2:19:48 AM | Location : United States







Related Discussions:- Business decision model, Assignment Help, Ask Question on Business decision model, Get Answer, Expert's Help, Business decision model Discussions

Write discussion on Business decision model
Your posts are moderated
Related Questions
The maintenance report is simply a document or various maintenance suggestion and recommendations given by the inspection report. The suggestion and recommendation s give

Question 1 There are various techniques of reading out of which SQ3R is most popular. How will you apply it while reading and research? Question 2 Advertisements are used by

Discuss what kind of organisational culture promotes organisational learning.

Customers are surveyed every three months to determine how satisfactory the bank services are to customers. Areas of deficiency are identified policies are reviewed and co

How is the hardworking important for an entrepreneur? Hardworking: Usually they are called workaholics. Here for work, is worship for then. They place in continuous effor

what is use of technology in banking sector

QUESTION 1 a) What is a presentation? b) How does a presentation differ from a lecture? c) What are the essential characteristics of an effective presentation? d) What

QUESTION 1 Both encoding and decoding of messages lay traps for the unwary intercultural communicators (Hall, 1959 - The Silent Language). Using appropriate examples, discuss t

What are the types of Entrepreneur on the bases of stages of development? Classification onto the Stages of Development: a. First Generation Entrepreneur: A first-generati

In today's fast-paced work environment a successful organisation is one where diversity is the norm and not the exception. It is the approach to diversity, not the diversity itself