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
What are the useful methods of the job evaluation? Method of job Evaluation: Given are the methods wherein job evaluation is completed: 1. Ranking method. 2. Classi

luther gulick and lyndall uruick identified seven management functions coined POSDCORB,explain the role of the model in converting a given policy into useful outcomes


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

finance via internet

Q. What do you mean by casual labour and what are the rules for their recruitment and benefits admissible to them after they attain temporary status. Write short notes on casual

explain the generic framework of ecommerce with diagram

Strategic Issues Facing the Service Industry In today's challenging business environment, professional service industry is facing various kinds of strategic obstacles related

Ideas for new products can be obtained from customers (employing user innovation), the company's R&D department, competitors, focus groups, employees, salespeople, corporate spys,

Explain FIVE main disadvantages of outsourcing for an organisation. Surrender of core competence The services may show (or contribute to) a core competence for the organis