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MINIMIZING OIL REFINERY COSTS An oil company operates two refineries in a certain city. Refinery I has an output of 200,100, and 100 barrels of low-, medium-, and high-grade oil per day, respectively. Refinery II has an output of 100, 200, and 600 barrels of low-, medium-, and high-grade oil per day, respectively. The company wishes to produce at least 1000, 1400, and 3000 barrels of low-, medium-, and high-grade oil, respectively, to fill an order. If it costs $200/day to operate Refinery I and $300/day to operate Refinery II, determine how many days each refinery should be operated to meet the production requirements at minimum cost to the company. What is the minimum cost?
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Chapter 4 Solutions
WebAssign Printed Access Card for Tan's Finite Mathematics for the Managerial, Life, and Social Sciences, 12th Edition, Single-Term
- Among a student group 54% use Google Chrome, 20% Internet Explorer, 10% Firefox, 5% Mozilla, and the rest use Safari. What is the probability that you need to pick 7 students to find 2 students using Google Chrome? Report answer to 3 decimals.arrow_forwardQuestion 3 a. Using Laplace theorem, find the determinant of the following matrix. 3 5 2 4 1 3 7 6 A= 2 48 3 569 7arrow_forwardSamples of rejuvenated mitochondria are mutated (defective) with a probability 0.13. Find the probability that at most one sample is mutated in 10 samples. Report answer to 3 decimal places.arrow_forward
- Good Day, Please assist with the following. Regards,arrow_forwardChoose all of the statements that are true: 16 is even -16 is even 401 is even √2 is even π is even 2π is even If n is an integer, then n(n + 1) is always even.arrow_forwardIs the number "-4" even, odd, or neither? Use the definition of even/odd to explain why your answer makes sense.arrow_forward
- Customers experiencing technical difficulty with their Internet cable service may call an 800 number for technical support. It takes the technician between 30 seconds and 11 minutes to resolve the problem. The distribution of this support time follows the uniform distribution. Required: a. What are the values for a and b in minutes? Note: Do not round your intermediate calculations. Round your answers to 1 decimal place. b-1. What is the mean time to resolve the problem? b-2. What is the standard deviation of the time? c. What percent of the problems take more than 5 minutes to resolve? d. Suppose we wish to find the middle 50% of the problem-solving times. What are the end points of these two times?arrow_forwardExercise 6-6 (Algo) (LO6-3) The director of admissions at Kinzua University in Nova Scotia estimated the distribution of student admissions for the fall semester on the basis of past experience. Admissions Probability 1,100 0.5 1,400 0.4 1,300 0.1 Click here for the Excel Data File Required: What is the expected number of admissions for the fall semester? Compute the variance and the standard deviation of the number of admissions. Note: Round your standard deviation to 2 decimal places.arrow_forwardPut these pieces into a cubearrow_forward
- Part iarrow_forwardPart iiarrow_forward2. In each case below, state whether the statement is true or false. Justify your answer in each case. (i) Suppose A and B are sets. Then, AnB = 6 ⇒ AUB = A (ii) Suppose A and B are sets. Then, AUB = B ⇒ ACB (iii) Suppose A and B are sets. Then, AUB = B ⇒ B C Aarrow_forward
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