Euing Gas produces two types of gasoline (gas 1 and gas 2) from two types of oil
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Euing Gas produces two types of gasoline (gas 1 and gas 2) from two types of oil (oil 1 and oil 2). Each gallon of gas 1 must contain at least 50 percent oil 1, and each gallon of gas 2 must contain at least 60 percent oil 1. Each gallon of gas 1 can be sold for 12¢, and each gallon of gas 2 can be sold for 14¢. Currently, 500 gallons of oil 1 and 1,000 gallons of oil 2 are available. As many as 1,500 more gallons of oil 1 can be purchased at the following prices: first 500 gallons, 25¢ per gallon; next 500 gallons, 20¢ per gallon;
next 500 gallons, 15¢ per gallon. Formulate an IP that will maximize Euing’s profits (revenues
- purchasing costs).
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Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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