I Student Portal | Main X K BUS-660 Topic 2 DQ 2 X CengageNOWv2 | Online teachin x Course Hero X + X C A v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Topic 3 - Introduction to Linear Prog eBook ? 1. Problem 7-41 Problem 7-41 2. Problem 8-29 (Algorithmic) Southern Oil Company produces two grades of gasoline: regular and premium. The profit contributions are $0.30 per gallon for regular gasoline and 3. Problem 7-15 $0.50 per gallon for premium gasoline. Each gallon of regular gasoline contains 0.3 gallons of grade A crude oil and each gallon of premium gasoline contains 0.6 gallons of grade A crude oil. For the next production period, Southern has 18,000 gallons of grade A crude oil available. The refinery used 4. Problem 7-25 (Algorithmic) to produce the gasolines has a production capacity of 50,000 gallons for the next production period. Southern Oil's distributors have indicated that demand for the premium gasoline for the next production period will be at most 20,000 gallons. 5. Problem 8-21 (Algorithmic) a. Formulate a linear programming model that can be used to determine the number of gallons of regular gasoline and the number of gallons of 6. Problem 8-25 (Algorithmic) premium gasoline that should be produced in order to maximize total profit contribution. If required, round your answers to two decimal places. 7. Problem 7-49 (Algorithmic) Let R = number of gallons of regular gasoline produced P = number of gallons of premium gasoline produced 8. Problem 8-19 R + P s.t. P Grade A crude oil available R P Production capacity p Demand for premium R, P In what in the antimal malation ? Progress: 1/8 items Next 50 F () O Partly cloudy O Search 9:50 PM 3/22/2023 13I Student Portal | Main X K BUS-660 Topic 2 DQ 2 X CengageNOWv2 | Online teachin x * Course Hero X + V X C A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker= &takeAssignmentSessionLocator=&inprogress=false Topic 3 - Introduction to Linear Prog $0.50 per gallon for premium gasoline. Each gallon of regular gasoline contains 0.3 gallons of grade A crude oil and each gallon of premium gasoline ? 1. Problem 7-41 contains 0.6 gallons of grade A crude oil. For the next production period, Southern has 18,000 gallons of grade A crude oil available. The refinery used to produce the gasolines has a production capacity of 50,000 gallons for the next production period. Southern Oil's distributors have indicated that 2. Problem 8-29 (Algorithmic) demand for the premium gasoline for the next production period will be at most 20,000 gallons. 3. Problem 7-15 a. Formulate a linear programming model that can be used to determine the number of gallons of regular gasoline and the number of gallons of premium gasoline that should be produced in order to maximize total profit contribution. If required, round your answers to two decimal places. 4. Problem 7-25 (Algorithmic) Let R = number of gallons of regular gasoline produced 5. Problem 8-21 (Algorithmic) P = number of gallons of premium gasoline produced 6. Problem 8-25 (Algorithmic) R + P 7. Problem 7-49 (Algorithmic) Max Min R + P Grade A crude oil available 8. Problem 8-19 R + P Production capacity P Demand for premium R, P b. What is the optimal solution? Gallons of regular gasoline Gallons of premium gasoline Total profit contribution 69 Progress: 1/8 items Next 50 F () O 9:50 PM Partly cloudy O Search A 3/22/2023 13I Student Portal | Main X K BUS-660 Topic 2 DQ 2 X CengageNOWv2 | Online teachin x * Course Hero X + V X C A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker= &takeAssignmentSessionLocator=&inprogress=false Topic 3 - Introduction to Linear Prog $0.50 per gallon for premium gasoline. Each gallon of regular gasoline contains 0.3 gallons of grade A crude oil and each gallon of premium gasoline ? 1. Problem 7-41 contains 0.6 gallons of grade A crude oil. For the next production period, Southern has 18,000 gallons of grade A crude oil available. The refinery used to produce the gasolines has a production capacity of 50,000 gallons for the next production period. Southern Oil's distributors have indicated that 2. Problem 8-29 (Algorithmic) demand for the premium gasoline for the next production period will be at most 20,000 gallons. 3. Problem 7-15 a. Formulate a linear programming model that can be used to determine the number of gallons of regular gasoline and the number of gallons of premium gasoline that should be produced in order to maximize total profit contribution. If required, round your answers to two decimal places. 4. Problem 7-25 (Algorithmic) Let R = number of gallons of regular gasoline produced 5. Problem 8-21 (Algorithmic) P = number of gallons of premium gasoline produced 6. Problem 8-25 (Algorithmic) R + P 7. Problem 7-49 (Algorithmic) s.t R + P Grade A crude oil available 8. Problem 8-19 R + D Production capacity II NV IA Demand for premium R, P b. What is the optimal solution? Gallons of regular gasoline Gallons of premium gasoline Total profit contribution 69 Progress: 1/8 items Next 50 F Partly cloudy O Search A () O 9:50 PM 3/22/2023 13I Student Portal | Main X K BUS-660 Topic 2 DQ 2 X CengageNOWv2 | Online teachin x * Course Hero X + V X C A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker= &takeAssignmentSessionLocator=&inprogress=false Topic 3 - Introduction to Linear Prog $0.50 per gallon for premium gasoline. Each gallon of regular gasoline contains 0.3 gallons of grade A crude oil and each gallon of premium gasoline ? 1. Problem 7-41 contains 0.6 gallons of grade A crude oil. For the next production period, Southern has 18,000 gallons of grade A crude oil available. The refinery used to produce the gasolines has a production capacity of 50,000 gallons for the next production period. Southern Oil's distributors have indicated that 2. Problem 8-29 (Algorithmic) demand for the premium gasoline for the next production period will be at most 20,000 gallons. 3. Problem 7-15 a. Formulate a linear programming model that can be used to determine the number of gallons of regular gasoline and the number of gallons of premium gasoline that should be produced in order to maximize total profit contribution. If required, round your answers to two decimal places. 4. Problem 7-25 (Algorithmic) Let R = number of gallons of regular gasoline produced 5. Problem 8-21 (Algorithmic) P = number of gallons of premium gasoline produced 6. Problem 8-25 (Algorithmic) R + P 7. Problem 7-49 (Algorithmic) s.t R + P Grade A crude oil available 8. Problem 8-19 R + P Production capacity Demand for premium IV IA R, P b. What is the optimal solution? Gallons of regular gasoline Gallons of premium gasoline Total profit contribution 69 Progress: 1/8 items Next 50 F Partly cloudy O Search 9:50 PM A () O 3/22/2023 13I Student Portal | Main X K BUS-660 Topic 2 DQ 2 X CengageNOWv2 | Online teachin x * Course Hero X + V X C A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker= &takeAssignmentSessionLocator=&inprogress=false Topic 3 - Introduction to Linear Prog $0.50 per gallon for premium gasoline. Each gallon of regular gasoline contains 0.3 gallons of grade A crude oil and each gallon of premium gasoline ? 1. Problem 7-41 contains 0.6 gallons of grade A crude oil. For the next production period, Southern has 18,000 gallons of grade A crude oil available. The refinery used to produce the gasolines has a production capacity of 50,000 gallons for the next production period. Southern Oil's distributors have indicated that 2. Problem 8-29 (Algorithmic) demand for the premium gasoline for the next production period will be at most 20,000 gallons. 3. Problem 7-15 a. Formulate a linear programming model that can be used to determine the number of gallons of regular gasoline and the number of gallons of premium gasoline that should be produced in order to maximize total profit contribution. If required, round your answers to two decimal places. 4. Problem 7-25 (Algorithmic) Let R = number of gallons of regular gasoline produced 5. Problem 8-21 (Algorithmic) P = number of gallons of premium gasoline produced 6. Problem 8-25 (Algorithmic) R + P 7. Problem 7-49 (Algorithmic) s.t R + P Grade A crude oil available 8. Problem 8-19 R + I P Production capacity P Demand for premium R, P II IV IA b. What is the optimal solution? Gallons of regular gasoline Gallons of premium gasoline Total profit contribution 69 Progress: 1/8 items Next 50 F () O 9:50 PM Partly cloudy O Search A 3/22/2023 13I Student Portal | Main X K BUS-660 Topic 2 DQ 2 X CengageNOWv2 | Online teachin x * Course Hero X + V X C A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker= &takeAssignmentSessionLocator=&inprogress=false Topic 3 - Introduction to Linear Prog $0.50 per gallon for premium gasoline. Each gallon of regular gasoline contains 0.3 gallons of grade A crude oil and each gallon of premium gasoline ? 1. Problem 7-41 contains 0.6 gallons of grade A crude oil. For the next production period, Southern has 18,000 gallons of grade A crude oil available. The refinery used to produce the gasolines has a production capacity of 50,000 gallons for the next production period. Southern Oil's distributors have indicated that 2. Problem 8-29 (Algorithmic) demand for the premium gasoline for the next production period will be at most 20,000 gallons. 3. Problem 7-15 a. Formulate a linear programming model that can be used to determine the number of gallons of regular gasoline and the number of gallons of premium gasoline that should be produced in order to maximize total profit contribution. If required, round your answers to two decimal places. 4. Problem 7-25 (Algorithmic) Let R = number of gallons of regular gasoline produced 5. Problem 8-21 (Algorithmic) P = number of gallons of premium gasoline produced 6. Problem 8-25 (Algorithmic) R + P 7. Problem 7-49 (Algorithmic) s.t R + P Grade A crude oil available 8. Problem 8-19 R + P Production capacity P Demand for premium R, P b. What is the optimal solution? II NV IA Gallons of regular gasoline Gallons of premium gasoline Total profit contribution Progress: 1/8 items Next 50 F 9:50 PM Partly cloudy O Search Q U O A () O 3/22/2023 13Student Portal | Main X K BUS-660 Topic 2 DQ 2 X "CengageNOWv2 | Online teachin x Course Hero X + V X C A v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 1. Problem 7-41 b. What is the optimal solution? 2. Problem 8-29 (Algorithmic) Gallons of regular gasoline ? 3. Problem 7-15 Gallons of premium gasoline Total profit contribution 4. Problem 7-25 (Algorithmic) c. What are the values and interpretations of the slack variables? 5. Problem 8-21 (Algorithmic) 6. Problem 8-25 (Algorithmic) Value of Slack Variable Constraint Interpretation 7. Problem 7-49 (Algorithmic) 1 8. Problem 8-19 2 3 d. What are the binding constraints? Grade A crude oil available Production capacity Demand for premium Progress: 1/8 items Next Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 50 F O Search 9 ()) O 9:50 PM 13 Partly cloudy 3/22/2023Student Portal | Main X K BUS-660 Topic 2 DQ 2 X "CengageNOWv2 | Online teachin x Course Hero X + V X C A v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 1. Problem 7-41 b. What is the optimal solution? 2. Problem 8-29 (Algorithmic) Gallons of regular gasoline ? 3. Problem 7-15 Gallons of premium gasoline Total profit contribution 4. Problem 7-25 (Algorithmic) c. What are the values and interpretations of the slack variables? 5. Problem 8-21 (Algorithmic) 6. Problem 8-25 (Algorithmic) Value of Slack Variable Constraint Interpretation 7. Problem 7-49 (Algorithmic) 1 8. Problem 8-19 2 All available grade A crude oil is used All available grade A crude oil is not used 3 d. What are the binding constraints? Grade A crude oil available Production capacity Demand for premium Progress: 1/8 items Next Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 50 F ()) O 9:50 PM Partly cloudy O Search 9 13 3/22/2023Student Portal | Main X K BUS-660 Topic 2 DQ 2 X "CengageNOWv2 | Online teachin x Course Hero X + V X C A v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 1. Problem 7-41 b. What is the optimal solution? 2. Problem 8-29 (Algorithmic) Gallons of regular gasoline ? 3. Problem 7-15 Gallons of premium gasoline Total profit contribution 4. Problem 7-25 (Algorithmic) c. What are the values and interpretations of the slack variables? 5. Problem 8-21 (Algorithmic) 6. Problem 8-25 (Algorithmic) Value of Slack Variable Constraint Interpretation 7. Problem 7-49 (Algorithmic) 1 8. Problem 8-19 2 3 Total production capacity is used Total production capacity is not used d. What are the binding constraints? Grade A crude oil available Production capacity Demand for premium Progress: 1/8 items Next Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 50 F O Search 9 ()) O 9:50 PM 13 Partly cloudy 3/22/2023Student Portal | Main X K BUS-660 Topic 2 DQ 2 X "CengageNOWv2 | Online teachin x Course Hero X + V X C A v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 1. Problem 7-41 b. What is the optimal solution? 2. Problem 8-29 (Algorithmic) Gallons of regular gasoline ? 3. Problem 7-15 Gallons of premium gasoline Total profit contribution 4. Problem 7-25 (Algorithmic) c. What are the values and interpretations of the slack variables? 5. Problem 8-21 (Algorithmic) 6. Problem 8-25 (Algorithmic) Value of Slack Variable Constraint Interpretation 7. Problem 7-49 (Algorithmic) 1 8. Problem 8-19 2 3 Premium gasoline production is 10,000 gallons less than the maximum demand d. What are the binding constraints? Premium gasoline production is 10,000 gallons greater than the maximum demand Grade A crude oil available Production capacity Demand for premium Progress: 1/8 items Next Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 50 F ()) O 9:50 PM 13 Partly cloudy O Search 9 3/22/2023Student Portal | Main X K BUS-660 Topic 2 DQ 2 X "CengageNOWv2 | Online teachin x Course Hero X + V X C A v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 1. Problem 7-41 b. What is the optimal solution? 2. Problem 8-29 (Algorithmic) Gallons of regular gasoline ? 3. Problem 7-15 Gallons of premium gasoline Total profit contribution 4. Problem 7-25 (Algorithmic) c. What are the values and interpretations of the slack variables? 5. Problem 8-21 (Algorithmic) 6. Problem 8-25 (Algorithmic) Value of Slack Variable Constraint Interpretation 7. Problem 7-49 (Algorithmic) 1 8. Problem 8-19 2 3 d. What are the binding constraints? Grade A crude oil available Production capacity Binding Non-binding Demand for premium Progress: 1/8 items Next Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 50 F O Search 9 ()) O 9:50 PM 13 Partly cloudy 3/22/2023Student Portal | Main X K BUS-660 Topic 2 DQ 2 X "CengageNOWv2 | Online teachin x Course Hero X + V X C A v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 1. Problem 7-41 b. What is the optimal solution? 2. Problem 8-29 (Algorithmic) Gallons of regular gasoline ? 3. Problem 7-15 Gallons of premium gasoline Total profit contribution 4. Problem 7-25 (Algorithmic) c. What are the values and interpretations of the slack variables? 5. Problem 8-21 (Algorithmic) 6. Problem 8-25 (Algorithmic) Value of Slack Variable Constraint Interpretation 7. Problem 7-49 (Algorithmic) 1 8. Problem 8-19 2 3 d. What are the binding constraints? Grade A crude oil available Production capacity Demand for premium Binding Non-binding Progress: 1/8 items Next Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 50 F O Search 9 ()) O 9:50 PM 13 Partly cloudy 3/22/2023Student Portal | Main X K BUS-660 Topic 2 DQ 2 X "CengageNOWv2 | Online teachin x Course Hero X + V X C A v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false 1. Problem 7-41 b. What is the optimal solution? 2. Problem 8-29 (Algorithmic) Gallons of regular gasoline ? 3. Problem 7-15 Gallons of premium gasoline Total profit contribution 4. Problem 7-25 (Algorithmic) c. What are the values and interpretations of the slack variables? 5. Problem 8-21 (Algorithmic) 6. Problem 8-25 (Algorithmic) Value of Slack Variable Constraint Interpretation 7. Problem 7-49 (Algorithmic) 1 8. Problem 8-19 2 3 d. What are the binding constraints? Grade A crude oil available Production capacity Demand for premium Binding Non-binding Progress: 1/8 items Next Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading 50 F O Search 9 ()) O 9:50 PM 13 Partly cloudy 3/22/2023