Question
An oil company owns two refineries. The daily production limits and operating costs for each refinery are given in the table below. An order is received for 1540 barrels of high-grade oil, 1650 barrels of medium-grade oil, and 2860 barrels of low-grade oil. How many days should each refinery operate so that the order can be filled at the least cost?
Refinery 1 Refinery 2
High-grade oil (barrels) 110 220
Medium-grade oil (barrels) 220 110
Low-grade oil (barrels) 330 220
Operating cost (barrels) 14,000 8,000
X = _________
Y = _________
Constraints:
Objective Function: __________
Least Cost: ___________
Refinery 1 Refinery 2
High-grade oil (barrels) 110 220
Medium-grade oil (barrels) 220 110
Low-grade oil (barrels) 330 220
Operating cost (barrels) 14,000 8,000
X = _________
Y = _________
Constraints:
Objective Function: __________
Least Cost: ___________
Answers
Related Questions
If one company(A) owns another company(B) and Company B owns a third company (C) is it safe to say t...
The quadratic formula and the discriminat.
The daily production of a company is modeled by the fu...
The table shows the average production data for three products over the last month. The differenc...
A small publishing company is planning to publish a new book. The production costs will include one-...