Formulate a linear program that maximizes gomoryco profits

Assignment Help Other Subject
Reference no: EM131876234

Problem: Gomoryco processes crude oil into aviation fuel and heating oil. It costs $40 to purchase 1000 barrels of crude oil, which is then distilled and yields 500 barrels of aviation fuel and 500 barrels of heating oil. Output from the distillation may be sold directly or processed in the catalytic cracker. If sold after distillation without further processing, aviation fuel sells for $60 per 1000 barrels, and heating oil sells for $40 per 1000 barrels. It takes 1 hour to process 1000 barrels of aviation fuel in tin- catalytic cracker, and these 1000 barrels can be sold for $130. It takes 45 minutes to process 1000 barrels of heating oil in the cracker, mid these 1000 barrels can be sold for $90. Each day, at most 20,000 barrels of crude oil can be purchased, and 8 hours of cracker time are available. Formulate a linear program that maximizes Gomoryco's profits.

Reference no: EM131876234

Questions Cloud

What the problem-issue is or might be for the case : Good Deals sells electronic equipment and household appliances. In order to improve employee morale, the company made an employee lounge that will contain.
How is a tcp-ip network different from a telephone network : How is a TCP/IP network different from a telephone network? What is an FQDN? Why are hostnames not used on the Internet, but only FQDNs?
Do you think that the corporate pavilions represents money : Do you think that the corporate and national pavilions at expo 2010 represents money well spent in terms on investment?
What are cgi programs and how are they invoked : What is HTTP? Which port number does it use? What are CGI programs? How are they invoked? How do you access home page of Web server running on your own machine?
Formulate a linear program that maximizes gomoryco profits : Gomoryco processes crude oil into aviation fuel and heating oil. It costs $40 to purchase 1000 barrels of crude oil, which is then distilled and yields 500.
List 1-person characteristic that affects the distribution : Did you use incidence, prevalence or mortality data for this question? Provide the source used for this question.
What was the net income or loss for the year : The company issued no common stock during the year. Dividends were 25,000. What was the net income or loss for the year
How is synthesizing different from writing a biblography : How is synthesizing different from writing an annotated bibliography?
How does google rank organic search results : How does Google rank organic search results? What elements are factored in this equation? Do some research on search engine optimization.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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