When gasoline is refined from crude oil, each gallon of regular, midgrade, and premium uses a different blend of two different grades of crude oil according to the following matrix.     Gasoline Blends     Reg. Mid. Prem. Crude Grade Black 3 4 2 5 1 4   Gold 1 4 3 5 3 4 In addition, the demand (in thousands of gallons) from a Houston refinery is 22 regular, 12 midgrade, and 8 premium, and the demand from a Gulfport refinery is 33 regular, 20 midgrade, and 13premium. (a) Make a 2 ✕ 3 matrix B that contains the blending information and a 3 ✕ 2 matrix D for the demands (in thousands of gallons) at each refinery. B =                                     D =                                     Use a matrix product to find each refinery's need for each type of crude oil.                             Houston needs gallons of black crude and gallons of gold crude. Gulfport needs gallons of black crude and gallons of gold crude. (b) If the cost of black crude is $1.12 per gallon and for gold crude is $1.58 per gallon, then the matrix P = [1.12   1.58] represents these crude prices. Write a matrix product involving B, D, and P that could be used to find the total cost for crude oil at each refinery.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question

When gasoline is refined from crude oil, each gallon of regular, midgrade, and premium uses a different blend of two different grades of crude oil according to the following matrix.

    Gasoline Blends
    Reg. Mid. Prem.
Crude Grade Black
3
4
2
5
1
4
  Gold
1
4
3
5
3
4

In addition, the demand (in thousands of gallons) from a Houston refinery is 22 regular, 12 midgrade, and 8 premium, and the demand from a Gulfport refinery is 33 regular, 20 midgrade, and 13premium.

(a) Make a 2 ✕ 3 matrix B that contains the blending information and a 3 ✕ 2 matrix D for the demands (in thousands of gallons) at each refinery.
B =
                 
                 
D =
           
           
           

Use a matrix product to find each refinery's need for each type of crude oil.
             
           
 

Houston needs gallons of black crude and gallons of gold crude. Gulfport needs gallons of black crude and gallons of gold crude.

(b) If the cost of black crude is $1.12 per gallon and for gold crude is $1.58 per gallon, then the matrix
P = [1.12   1.58]
represents these crude prices. Write a matrix product involving B, D, and P that could be used to find the total cost for crude oil at each refinery.
             
           
 

Find those total costs.
Houston's cost    $
Gulfport's cost    $
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Markov Processes and Markov chain
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
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…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,