South refineries company have an idea to introduce a new high octan fuel that's contain two types of fuel ( regular and super ). this new mix designed to high compresion ratio engines. The regular fuel contain 2 unit of addetive Type-A and 2 units of addetive Type- B. The super fuel contain 2 unit of addetive Type-A and 4 units of addetive Type-B. According to standards, there most be at least 40 units of addetive Type-A and 60 units of addetive Type-B in the new mix package. In addition, the company has decided that there can be no more than 16 units of regular fuel. The cost of I unit of regular fuel is 1$ and 2$ to super fuel. Use the graphical method to find the variables, and calculate the lowest cost then, taking the note below in mind Note: Due to the increase in the cost of crude oil for refineries, the company decided to reduce the A - Type additives for super and regular type by half. With the increase in the cost of one unit of each type of fuel by twice

South refineries company have an idea to introduce a new high octan fuel that's contain two types of fuel ( regular and super ). this new mix designed to high compresion ratio engines. The regular fuel contain 2 unit of addetive Type-A and 2 units of addetive Type- B. The super fuel contain 2 unit of addetive Type-A and 4 units of addetive Type-B. According to standards, there most be at least 40 units of addetive Type-A and 60 units of addetive Type-B in the new mix package. In addition, the company has decided that there can be no more than 16 units of regular fuel. The cost of I unit of regular fuel is 1$ and 2$ to super fuel. Use the graphical method to find the variables, and calculate the lowest cost then, taking the note below in mind Note: Due to the increase in the cost of crude oil for refineries, the company decided to reduce the A - Type additives for super and regular type by half. With the increase in the cost of one unit of each type of fuel by twice

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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