Transportation Change Exercise 23 so that the two outlets each furnish exactly 5000 barrels of oil, with everything else the same. Use artificial variables to solve the problem, following the steps outlined in Example 3.
Business and Economics
23. Transportation Southwestern Oil supplies two distributors in the Northwest from two outlets, S1 and S2. Distributor D1 needs at least 3000 barrels of oil, and distributor D2 needs at least 5000 barrels. The two outlets can each furnish up to 5000 barrels of oil. The costs per barrel to ship the oil are given in the table.
There is also a shipping tax per barrel as given in the table below. Southwestern Oil is determined to spend no more than $40,000 on shipping tax.
D1 | D2 | |
S1 | $30 | $20 |
S2 | $25 | $22 |
- (a) How should the oil be supplied to minimize shipping costs?
- (b) Find and interpret the values of any nonzero slack or surplus variables.
Want to see the full answer?
Check out a sample textbook solutionChapter 4 Solutions
Finite Mathematics and Calculus with Applications (10th Edition)
- 23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes 1/2 of the food and 1/3 of the manufactured goods. Manufacturing consumes 1/2 of the food and 2/3 of the manufactured goods. Assuming the economy is closed and in equilibrium, find the relative outputs of the farming and manufacturing industries.arrow_forwardRedo Exercise 5, assuming that the house blend contains 300 grams of Colombian beans, 50 grams of Kenyan beans, and 150 grams of French roast beans and the gourmet blend contains 100 grams of Colombian beans, 350 grams of Kenyan beans, and 50 grams of French roast beans. This time the merchant has on hand 30 kilograms of Colombian beans, 15 kilograms of Kenyan beans, and 15 kilograms of French roast beans. Suppose one bag of the house blend produces a profit of $0.50, one bag of the special blend produces a profit of $1.50, and one bag of the gourmet blend produces a profit of $2.00. How many bags of each type should the merchant prepare if he wants to use up all of the beans and maximize his profit? What is the maximum profit?arrow_forwardA company manufactures two fertilizers, x and y. Each 50-pound bag of fertilizer requires three ingredients, which are available in the limited quantities shown in the table. The profit on each bag of fertilizer x is 6 and on each bag of y is 5. How many bags of each product should be produced to maximize the profit? Ingredient Number of Pounds in Fertilizer x Number of Pounds in Fertilizer y Total number of Pounds Available Nitrogen 6 10 20,000 Phosphorus 8 6 16,400 Potash 6 4 12,000arrow_forward
- College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillAlgebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
- Algebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage LearningLinear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage LearningBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt