A refinery manufactures two grades of jet fuel, Fl and F2, by blending four types of gasoline, A. B, C, and D. Fuel Fl uses gasolines A. B. C, and D in the ratio 1:1:2:4, and fucl F2 uses the ratio 2:2:1:3. The supply limits for A, B.C, and D are 1000, 1200, 900, and 1500 bbl/day, respectively. The costs per bbl for gasolines A, B, C, and D are $120, $90, $100, and $150, respectively. Fucls Fl and F2 sell for $200 and $250 per bbl, respectively. The minimum demand for F1 and F2 is 200 and 400 bbl/day, respectively. Develop an LP model to determine the optimal production mix for F1 and F2, and find the solution using Solver
A refinery manufactures two grades of jet fuel, Fl and F2, by blending four types of gasoline, A. B, C, and D. Fuel Fl uses gasolines A. B. C, and D in the ratio 1:1:2:4, and fucl F2 uses the ratio 2:2:1:3. The supply limits for A, B.C, and D are 1000, 1200, 900, and 1500 bbl/day, respectively. The costs per bbl for gasolines A, B, C, and D are $120, $90, $100, and $150, respectively. Fucls Fl and F2 sell for $200 and $250 per bbl, respectively. The minimum demand for F1 and F2 is 200 and 400 bbl/day, respectively. Develop an LP model to determine the optimal production mix for F1 and F2, and find the solution using Solver
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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A refinery manufactures two grades of jet fuel, Fl and F2, by blending four types of gasoline, A. B, C, and D. Fuel Fl uses gasolines A. B. C, and D in the ratio 1:1:2:4, and fucl F2 uses the ratio 2:2:1:3. The supply limits for A, B.C, and D are 1000, 1200, 900, and 1500 bbl/day, respectively. The costs per bbl for gasolines A, B, C, and D are $120, $90, $100, and $150, respectively. Fucls Fl and F2 sell for $200 and $250 per bbl, respectively. The minimum demand for F1 and F2 is 200 and 400 bbl/day, respectively. Develop an LP model to determine the optimal production mix for F1 and F2, and find the solution using Solver
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