Return to the Crazy Crude problem of Exercise 10-8, and suppose now that we wish to plan
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Return to the Crazy Crude problem of Exercise 10-8, and suppose now that we wish to plan over a 2-day time horizon. Refinery demand remains 2000 on the first day but will be 3000 on the second. There are no initial inventories, but either tank farm can hold over petroleum at $0.05 per barrel per day. All other parameters are the same on each day as those given in Exercise 10-8.
Do
(a) through
(c) as in Exercise 10-9.
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