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Essentials Of Business Analytics
1st Edition
ISBN: 9781285187273
Author: Camm, Jeff.
Publisher: Cengage Learning,
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Textbook Question
Chapter 8, Problem 15P
Bay Oil produces two types of fuel (regular and super) by mixing three ingredients. The major distinguishing feature of the two products is the octane level required. Regular fuel must have a minimum octane level of 90, whereas super must have a level of at least 100. The cost per barrel, octane levels, and available amounts (in barrels) for the upcoming two-week period appear in the following table, along with the maximum demand for each end product and the revenue generated per barrel:
Develop and solve a linear programming model to maximize contribution to profit. What is the optimal contribution to profit?
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A well-known company predominantly makes flat pack furniture for students. Variability with the automated machinery means the wood components are cut with a standard deviation in length of 0.45 mm. After they are cut the components are measured. If their length is more than 1.2 mm from the required length, the components are rejected.
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Chapter 8 Solutions
Essentials Of Business Analytics
Ch. 8 - Kelson Sporting Equipment, Inc., makes two types...Ch. 8 - The Sea Wharf Restaurant would like to determine...Ch. 8 - Blair Rosen. Inc. (BR) is a brokerage firm that...Ch. 8 - Round Tree Manor is a hotel that provides two...Ch. 8 - Industrial Designs has been awarded a contract to...Ch. 8 - Vollmer Manufacturing makes three components for...Ch. 8 - Photon Technologies, Inc., a manufacturer of...Ch. 8 - The Westchester Chamber of Commerce periodically...Ch. 8 - The management of Hartman Company is trying to...Ch. 8 - The employee credit union at State University is...
Ch. 8 - The Atlantic Seafood Company (ASC) is a buyer and...Ch. 8 - The Silver Star Bicycle Company will manufacture...Ch. 8 - The Clark County Sheriff’s Department schedules...Ch. 8 - Bay Oil produces two types of fuel (regular and...Ch. 8 - Consider the following network representation of a...Ch. 8 - Refer to the transportation problem described in...Ch. 8 - Aggie Power Generation supplies electrical power...Ch. 8 - The Calhoun Textile Mill is in the process of...Ch. 8 - Refer to the Calhoun Textile Mill production...
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