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Riverside oil company in eastern Kentucky produces 3 different grades of gasoline. They are regular, premium, and supreme grades. Each barrel of regular grade sells for $82 while premium grade sells for $88 per barrel and supreme grade sells for $89 per barrel. Petroleum component A, B, and C are purchased to be blended together for the production of three different grades of gasoline. The availability and cost of petroleum components A, B, and C are given in the following table. Petroleum Component Barrels available Cost per Barrel A 10000 $32 B 12000 $45 C 15000 $39 Also, the blending specifications for these three grades of gasoline are as follows: Product Blending Specification Regular at least 25% of A; no more than 30% of B; no restriction on C Premium at least 35% of B; no restriction on A and C Supreme no more than 25% of A; no restriction on B; at least 50% on C Our goal is to maximize the profit from this production process. a.List the linear program for this problem. b.Use "Management Scientist" software to solve the program and report your optimal way to blend these three petroleum components for production. c.What is the maximized profit? Use Only a WORD file as attachment to submit your assignment. Only one attachment file (a WORD file) can be submitted for grading. You do NOT need to send in your working file from the software "Management Scientist".
1) Draw a project network 2) What are the critical values 3) What activity has the most slack time 4) Will the prokect be completed by September 1?
Identify the five facets of the company mission statement. How can this company improve its mission statement?
If an extremely intelligent hacker is caught by a law enforcement agency, should that hacker be prosecuted and sent to jail?
He was also obligated to deliver proceeds of sale to Witt also of course failed to do that. Park claimed that car was rightfully his. Witt argued that Park owned nothing because he never got title also because Witt never got his money. Who loses a..
Your organization has experienced a few years of growth and increased profit. To reward the leadership team, your organization has asked that each member of the Leadership Team create a reward and recognition plan
Formulate a maximum-flow problem which could be used to conclude whether all three projects can be completed on time. Draw the network also Write down the LP.
How do i format a white paper for this? Develop a three- to five-page white (position) paper defining the important harassment and employment-related laws and regulations
Analyze the business-level strategies for the corporation you chose to determine the business-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice. Justify your opini..
Audits are commonly associated with the financial and accounting records of the business. Using the publicly available financial statements of the corporation you
Identify technologies we covered that can be used as part of a CRM strategy and discuss its applicability to the Fresh Foods grocery store we reviewed as a case study.
determine an order size which will minimize the sum of ordering also carrying costs for every of the six-month periods.
When is the best time to promote? Is there seasonality in the market? Are there any wider environmental issues that suggest or dictate the timing of your market launch, or the timing of subsequent promotions?
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