An aviation fuel manufacturer sells two types of fuel

Assignment Help Operation Management
Reference no: EM13963992

An aviation fuel manufacturer sells two types of fuel A and B. Type A fuel is 25 % grade 1 gasoline, 25 % of grade 2 gasoline and 50 % of grade 3 gasoline. Type B fuel is 50 % of grade 2 gasoline and 50 % of grade 3 gasoline. Available for production are 500 liters per hour grade 1 and 200 liters per hour of grade 2 and grade 3 each. Costs are 60 paise per liter for grade 1, 120 paise for grade 2 and100 paise for grade 3. Type A can be sold at Rs. 7.50 per liter and B can be sold at Rs. 9.00 per liter. How much of each fuel should be made and sold to maximise the profit.

Reference no: EM13963992

Questions Cloud

Sigma lower control limit for the defect rate : The Ozzie Chocolate Company manufactures specialty dark chocolate figurines. One of the products is a figurine in the shape of a cat. The manufacturing line has had some trouble with the figurines being produced with broken ears. The defect rate has ..
How does a global business benefit from the acquisition : What is ISO 90002. How does a global business benefit from the acquisition of ISO 9000 certification?  Explain briefly how a company can achieve lower production costs and increase productivity by improving the quality of its products or services.
Leadership skill : Research one of the remaining topics on your reading list of 21st century leadership skills from the reading this week. Ladies, you are to choose from change/adaptability or sustainability, and gentlemen you take innovation or knowledge management.
Find the optimal product mix : A company manufactures two products X1 and X2 on three machines A, B, and C. X1 require 1 hour on machine A and 1 hour on machine B and yields a revenue of Rs.3/-. Product X2 requires 2 hours on machine A and 1 hour on machine B and 1 hour on machine..
An aviation fuel manufacturer sells two types of fuel : An aviation fuel manufacturer sells two types of fuel A and B. Type A fuel is 25 % grade 1 gasoline, 25 % of grade 2 gasoline and 50 % of grade 3 gasoline. Type B fuel is 50 % of grade 2 gasoline and 50 % of grade 3 gasoline. How much of each fuel sh..
Political and economic situation in the russian federation : Discuss the political and economic situation in the Russian Federation. What has changed since 2013? What are the implications for foreign companies to start a joint venture there now?
What is the average utilization of development facilities : Suffolk Analytics Inc. is a Fortune500 company that develops and markets innovative consumer electronics products. The development process proceeds as follows. Suffolk researches new technologies to address unmet market needs. Patents are filed for p..
Find the optimal blend of foods to minimize the cost : In order to ensure optimal health (and thus accurate test results), a lab technician needs to feed the rabbits a daily diet containing a minimum of 24 grams (g) of fat, 36g of carbohydrates, and 4g of protein. write a linear programming model that ca..
Calculate the average number of callers in the system : The following situation refers to Sam Ops, a senior OM/IM student. In order to pay the rent, Sam decides to take a job in the computer department of a local department store. How long does a customer have to wait, on average, before talking to Sam? C..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd