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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. Regular 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. Input Cost/Barrel Octane Available (barrels) 1 $16.5 92 130,000 2 $15 85 330,000 3 $17.5 105 320,000 Revenue/Barrel Max Demand (barrels) Regular $18.5 340,000 Super $22 490,000 Develop and solve a linear programming model to maximize contribution to profit. Let Ri = the number of barrels of input i to use to produce Regular, i=1,2,3 Si = the number of barrels of input i to use to produce Super, i=1,2,3 If required, round your answers to two decimal places. For subtractive or negative numbers use a minus sign even if there is a + sign before the blank. (Example: -300) Max R1 + R2 + R3 + S1 + S2 + S3 s.t. R1 + S1 ? R2 + + S2 ? R3 + S3 ? R1 + R2 + R3 ? S1 + S2 + S3 ? R1 + R2 + R3 ? R1 + R2 + R3 S1 + S2 + S3 ? S1 + S2 + S3 R1, R2, R3, S1, S2, S3 ? 0 What is the optimal contribution to profit? Maximum Profit = $[ ? ] by making [ ? ] barrels of Regular and [ ? ] barrels of Super.
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.
Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.
Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.
What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?
Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..
This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.
Identify the purposes of different types of organisations.
Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur
This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.
Prepare a major handout on the key principles of instructional leadership
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