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how many days, are required for each refinery to operate to obtain the minimum cost?

how many days, are required for each refinery to operate to obtain the minimum cost?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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In an oil company, its south refinery produces per day 300 barrels of high grade oil, 200 barrels of medium grade oil and 150 barrels of low grade oil. The cost of operation of this refinery amounts to P 600,000 per day. The north refinery of the company produces each day 100 barrels of high grade oil and 100 barrels of medium-grade oil and 150 of low-grade oil. Which has a total of P500,000 operational costs. If the company’s production requirement is at least 900 barrels for high-grade oil, 800 barrels for medium-grade oil, and 750 for low-grade oil, how many days, are required for each refinery to operate to obtain the minimum cost?
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