Two types of fuels by mixing three ingredients

Assignment Help Operation Management

Reference no: EM13965648

Bay Oil produces two types of fuels (regular and super) by mixing three ingredients. The major distinguishing feature of the two products is the octane level required. Reg- ular fuel must have a minimum octane level of 90 while super must have a level of at least 100. The cost per barrel, octane levels, and available amounts (in barrels) for the upcoming two-week period are shown in the following table. Likewise, the maximum demand for each end product and the revenue generated per barrel are shown. Ingredient - Input Cost/Barrel - Octane - Available (barrels) 1 - $16.50 - 100 - 110,000 2 - $14.00 - 87 - 350,000 3 - $17.50 - 110 - 300,000 Type - Revenue/Barrel - Max Demand (barrels) Regular - $18.50 - 350,000 Super - $20.00 - 500,000 form a linear program and solve. find the optimal solution and profit

Reference no: EM13965648

Questions Cloud

Calculate one plan based on the data that is presented : Plan production for a four-month period: February through May. For February and March, you should produce to exact demand forecast. For April and May, you should use overtime and inventory with a stable workforce; stable means that the number of work..

Required stock level if the above two NAS are consolidated : The weekly demand of a certain consumable item XYZ at NAS North Island follows Poisson distribution with a mean of 5. The demand at NAS Miramar follows the same distribution with the mean of 6. What is the required stock level if the above two NAS’ a..

Identify carbon that is responsible for its optical activity : The drug thalidomide was once prescribed as a sedative to help with nausea during the early stages of pregnancy. One of its optical isomers, (R)-thalidomide, is the active agent responsible for its sedative effects. It was synthesized, however, as..

Annual demand for a product : Annual demand for a product is 13,000 units; weekly demand is 250 units with a standard deviation of 40 units. The cost of placing an order is $100, and the time from ordering to receipt is four weeks. The annual inventory carrying cost is $0.65 per ..

Two types of fuels by mixing three ingredients : Bay Oil produces two types of fuels (regular and super) by mixing three ingredients. The major distinguishing feature of the two products is the octane level required. Reg- ular fuel must have a minimum octane level of 90 while super must have a leve..

Explain the multiple aspects of managerial planning process : Address two additional leadership traits that can assist in managing conflict and improve communication within the organization.

Public health data in community based participatory research : What are some things you might want to watch out for when interpreting and disseminating public health data in community based participatory research (CBPR)? What personal biases might you have that would affect your ability to partner effectively in..

Ethical obligation to attempt to alleviate poverty : Are the wealthy nations of the world currently putting forth the right amount of effort to eradicate poverty? Do these countries have an ethical obligation to attempt to alleviate poverty? Why or why not?

How anatomy differs from physiology : This week's Seminar will also focus on the following scenario: You woke up this morning with a pain in your lower left abdomen, located next to your belly button. As the day has progressed the pain is getting worse. You decide to take yourself to ..

User Account

All Pages