A refinery produces two grades of gasoline, regular and premium, by blending together three components, A, B, and C. Component A has an octane rating of 90 and costs $24 a barrel, component B has an octane rating of 100 and costs $34 a barrel, and component C has an octane rating of 110 and costs $36 a barrel. The octane rating for regular must be at least 95 and the octane rating for premium must be at least 105. Regular gasoline sells for $40 a barrel and premium sells for $46 a barrel. The company has 45,000 barrels of component A, 30,000 barrels of component B, and 15,000 barrels of component C, and must produce at least 35,000 barrels of regular and 25,000 barrels of premium. How should the components be blended in order to maximize profit?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
icon
Related questions
Question
A refinery produces two grades of gasoline, regular and premium, by blending together three components, A, B, and C. Component A has an octane rating of 90 and
costs $24 a barrel, component B has an octane rating of 100 and costs $34 a barrel, and component C has an octane rating of 110 and costs $36 a barrel. The octane
rating for regular must be at least 95 and the octane rating for premium must be at least 105. Regular gasoline sells for $40 a barrel and premium sells for $46 a
barrel. The company has 45,000 barrels of component A, 30,000 barrels of component B, and 15,000 barrels of component C, and must produce at least 35,000
barrels of regular and 25,000 barrels of premium. How should the components be blended in order to maximize profit?
Transcribed Image Text:A refinery produces two grades of gasoline, regular and premium, by blending together three components, A, B, and C. Component A has an octane rating of 90 and costs $24 a barrel, component B has an octane rating of 100 and costs $34 a barrel, and component C has an octane rating of 110 and costs $36 a barrel. The octane rating for regular must be at least 95 and the octane rating for premium must be at least 105. Regular gasoline sells for $40 a barrel and premium sells for $46 a barrel. The company has 45,000 barrels of component A, 30,000 barrels of component B, and 15,000 barrels of component C, and must produce at least 35,000 barrels of regular and 25,000 barrels of premium. How should the components be blended in order to maximize profit?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 3 images

Blurred answer
Similar questions
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education