An olive oil producer produces 4 different types of oil(Types A,B,C,D) using raw oils from 3 regions(Regions A,B,C). Regions A,B,C can provide 300,400 and 500 barrels of oil. Each type has 250 barrels of demand. Barrel of Region A costs 10 dollars, Region B costs 20 dollars and Region C costs 30 dollars. Any type cannot exceed 10% Region A oil, each type must have at least 30% Region C oil. Formulate an LP model that decides minimum cost plan with the amounts of Region A,B,C oils on Types

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
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Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Accounting
An olive oil producer produces 4 different types
of oil(Types A,B,C,D) using raw oils from 3
regions(Regions A,B,C). Regions A,B,C can
provide 300,400 and 500 barrels of oil. Each
type has 250
barrels of demand. Barrel of Region A costs 10
dollars, Region B costs 20 dollars and Region C
costs 30
dollars. Any type cannot exceed 10% Region A
oil, each type must have at least 30% Region C
oil.
Formulate an LP model that decides minimum
cost plan with the amounts of Region A,B,C oils
on Types
A,B,C,D, while meeting the demand and
obeying the above describe conditions.
Transcribed Image Text:Accounting An olive oil producer produces 4 different types of oil(Types A,B,C,D) using raw oils from 3 regions(Regions A,B,C). Regions A,B,C can provide 300,400 and 500 barrels of oil. Each type has 250 barrels of demand. Barrel of Region A costs 10 dollars, Region B costs 20 dollars and Region C costs 30 dollars. Any type cannot exceed 10% Region A oil, each type must have at least 30% Region C oil. Formulate an LP model that decides minimum cost plan with the amounts of Region A,B,C oils on Types A,B,C,D, while meeting the demand and obeying the above describe conditions.
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