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Q. Logan Manufacturing wants to mix two fuels, A and B, for its trucks to minimize cost. It requires no fewer than 3,000 gallons to run its trucks during the next month. It has a maximum fuel storage capacity of 4,000 gallons. There are 2,000 gallons of fuel A also 4,000 gallons of fuel B available. The mixed fuel must have an octane rating of no less than 80. When fuels are mixed, the amount of fuel obtained is just equal to the sum of the amounts put in. The octane rating is the weighted average of the individual octanes, weighted in proportion to the respective volumes. The following is known: Fuel A has an octane of 90 also costs $1.20 per gallon. Fuel B has an octane of 75 also costs $0.90 per gallon.
a. Write the equations expressing this information.
b. Solve the problem using the Excel Solver, giving the amount of each fuel to be used. State any assumptions necessary to solve the problem.
A student must select 10 electives from four different departments, with at least one course from every department. Explain how should the student select the courses.
Your current equipment is fully depreciated and can produce 2,000 units per year at but at a margin of only $4.00 per unit. Should you purchase new equipment illustrate under what conditions.
Explain how would your remarks differ if the group reservation had been made by the vice president of engineering, an incentive travel organization.
Must linear programming be employed under conditions of certainty? This solution discusses the usefulness of LP even under the degree of uncertainty in 241 words.
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what gripes travellers almost as much as these annoyances is finding out that the person sitting next to them paid a much lower fare than they did for their seat.
A single pigeon has a 0.7 probability of arriving at the proper destination in a timely fashion. How many pigeons, each carrying an identical set of orders, must Grant send in order for him to have 98% confidence (reliability) that the orders reach G..
Elucidate what other relevant factors which are not mentioned in this case study might play a role in team's decision.
Why should decision makers who're primarily concerned with the marketing or finance or production know about linear programming?
A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Yearly carrying costs are $75 per bag.
We were introduced to the concept of a "learning" organization. In your own words, illustrate what does that term mean. Explain how does a firm's design and structure impact its ability to be a learning organization.
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