The amount of tax refund or tax owed of person T if the tax liability is $6,498, tax credits is $1,221 and other taxes is $885 and payments are $7,600.

Question

You manage a chemical company with 2 warehouses. The following quantities of Important Chemical A have arrived from an international supplier at 3 different ports: Chemical Available (L) Port 1 Port 2 Port 3 400 110 100 The following amounts of Important Chemical A are required at your warehouses: Warehouse 1 Warehouse 2 Chemical Required (L) 380 230 The cost in £ to ship 1L of chemical from each port to each warehouse is as follows: Warehouse 1 Warehouse 2 Port 1 £10 £45 Port 2 £20 £28 Port 3 £13 £11 (a) You want to know how to send these shipments as cheaply as possible. For- mulate this as a linear program (you do not need to formulate it in standard inequality form) indicating what each variable represents.

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Question

Chapter 18.III, Problem 24RE

To determine

To calculate: The amount of tax refund or tax owed of person T if the tax liability is $6,498, tax credits is $1,221 and other taxes is $885 and payments are $7,600.

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