Alpha-Industrial Corporation buys 100 Gallons of lubricants from ABC petroleum, for 90 JOD per gal to lubricate machines in the factory. Machines are shut down for maintenance every 60 days. Each time machines are down; Alpha loses 8000 JOD in missed profits from products that were not made. It costs 1000 JOD of cleaning agents every shutdown. Alpha is considering a new lubricant from Alpha that will minimize maintenance to 4 times per year. In addition, only 100 gal of the new lubricant is needed (instead of 60 gal).
Alpha-Industrial Corporation buys 100 Gallons of lubricants from ABC petroleum, for 90 JOD per gal to lubricate machines in the factory. Machines are shut down for maintenance every 60 days. Each time machines are down; Alpha loses 8000 JOD in missed profits from products that were not made. It costs 1000 JOD of cleaning agents every shutdown. Alpha is considering a new lubricant from Alpha that will minimize maintenance to 4 times per year. In addition, only 100 gal of the new lubricant is needed (instead of 60 gal).
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
Please answer with explanation.
Transcribed Image Text:Alpha-Industrial Corporation buys 100 Gallons
of lubricants from ABC petroleum, for 90 JOD
per gal to lubricate machines in the factory.
Machines are shut down for maintenance
every 60 days. Each time machines are down;
Alpha loses 8000 JOD in missed profits from
products that were not made. It costs 1000
JOD of cleaning agents every shutdown.
Alpha is considering a new lubricant from
Alpha that will minimize maintenance to 4
times per year. In addition, only 100 gal of the
new lubricant is needed (instead of 60 gal).
What is the highest price per gal Alpha should
pay for the new lube?
Select one:
a. 1600
b. 1150
c. 200 JOD
d. 450 JOD
e. 90 JOD
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
