Carrington oil company blends regular and premium products

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The Carrington Oil Company blends regular and premium products from two types of crude oil, heptane (H) and octane (O). Each liter of regular is composed of at least 50% H. Each liter of premium is composed of at least 40% H. During this planning period there are exactly 200,000 liters of H and 310,000 liters of O available. The profit contributions per liter of the regular and the premium products are $0.03 and $0.04 per liter respectively. Determine how this company can maximize profits by planning its production. Construct your own template and use Solver to find the solution on worksheet If you could snapshot what the Solver settings look like that would be very helpful

Reference no: EM132070604

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