Business decision model, Business Management

Assignment Help:

Commonly used for delivery of fuel products, a truck / trailer combination has five product compartments: three in the lead trailer and two in the pup trailer. The lead trailer's compartments can hold 2,700, 2,800, and 1,100 gallons of fuel respectively, while the pup compartments can hold 1,800 and 3,400 gallons of fuel respectively, for a total capacity of 11,800 gallons.

Three types of unleaded fuel (premium, mid-grade, and regular) are required at a customer's gas station. The gas station requires 2,900 gallons of premium, 4,000 gallons of mid-grade, and 4,900 gallons of regular gasoline.

Each compartment can only carry one type of fuel. The fuel supplier is under contract to meet the gas station's demand - if demand cannot be met, then the supplier will pay a penalty of $10/gallon for premium, $8/gallon for mid-grade, and $6/gallon for regular gasoline not delivered.

The maximum allowed shortage is 500 gallons for each type of fuel.

How should the company load the truck?

Part a: Should contain the mathematical formulation of the problem - decision variables, objective function and constraints.

Part b: Excel formulation worksheet and answer report.


Related Discussions:- Business decision model

Functional and process management, How will officers achieve intergration w...

How will officers achieve intergration when they have no authority over either the administrative functions or programs

STRATEGGIC ANALYSIS: THE INTERNAL ENVIRONMENT, explain and use appropriate ...

explain and use appropriate tools and techniques for conducting an internal appraisal

Explain the value of internal marketing for ib4e, Over the past few years, ...

Over the past few years, the company iB4e has underperformed compared with its competitors which enjoy stronger brand recognition. In addition, lots of experienced staff responsibl

What criteria would you use to evaluate websites, QUESTION 1 (a) There ...

QUESTION 1 (a) There are variations in the nature of reference service provided by one type of library to another. Explain. (b) Give examples in support of your answer.

Successful implementation of each of the information systems, QUESTION ...

QUESTION The Sengapa Garments Ltd (SG Ltd) is a company engaged in the manufacture of T-Shirt and allied textile products for the local market and for exports. SG Ltd is still

Change focus on which subsystems in an organization, QUESTION 1 As indi...

QUESTION 1 As individuals, people possess different characteristics that either positively or negatively affect their attitude and behaviour. Identify and describe carefully in

[email protected], #questionHow will you influence people to strive will...

#questionHow will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communicati

Explain the techniques of cross cultural communication, QUESTION 1 Gend...

QUESTION 1 Gender communication is also a form of intercultural communication (Jandt, 2004). Discuss this statement with reference to any country of your choice. QUESTION 2

What are the principles of good communication skills, QUESTION 1 Outlin...

QUESTION 1 Outline the fundamental propositions that all cognitive behavioural Therapies share in terms of helping people to change behaviours. Elaborate in details and support

Modern concept of total quality management, It has been realized that ins...

It has been realized that inspection alone cannot build quality into a product unless quality has been designed and manufactured into it. Therefore quality awareness must be

Write Your Message!

Captcha
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