Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company blends two gasolines from Avalon Fuels and Bonavista Petrol ( inputs ) into two commercial products, Extra and Regular gasoline ( outputs )

A company blends two gasolines from Avalon Fuels and Bonavista Petrol
(inputs) into two commercial products, Extra and Regular gasoline (outputs). For the inputs, the octane ratings, the vapour pressures in kilopascals,
and the amounts available in cubic metres (m
3
) and their prices are known.
These are:
Input Octane Vapour Amount Buying Price
Gasoline Rating Pressure (kPa) Available (m
3
)($ per m
3
)
Avalon 993855,000520
Bonavista 825580,000440
204 CHAPTER 3. APPLICATIONS OF LINEAR MODELS
For the Extra and Regular gasolines the requirements are:
Output Minimum Maximum Minimum Selling
Gasoline Octane Vapour Amount Price
Rating Pressure (kPa) Required (m
3
)($ per m
3
)
Extra 944036,000540
Regular 865270,000470
Let the variables be defined as follows: e and r are respectively the amount
of Extra/Regular gasoline in m
3 blended and sold; a and b are respectively the amount of gasoline in m
3 purchased from Avalon Fuels/Bonavista
Petrol; ae, ar, be, and br are respectively the amounts in m
3 of Avalon/Bonavista
gasoline used to make Extra/Regular gasoline

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

More Books

Students also viewed these General Management questions