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Your company produces regular and supreme gasoline. Each barrel of regular sells for $21 and must have an octane rating of at least 90. Each
Your company produces regular and supreme gasoline. Each barrel of regular sells for $21 and must have an octane rating of at least 90. Each barrel of supreme sells for $27 and must have an octane rating of at least 97. Both of these products are manufactured by simply missing different quantities of the following three input fuels. Octane Rating 100 2 87 3 110 Your company has an order to produce exactly 300,000 barrels of regular and exactly 450,000 barrels of supreme. How should the company allocate the available inputs t the production of regular and supreme gasoline if you want to maximize profits? Input 1 Cost / Barrel $17.25 $15.75 $17.25 Barrels Available 180,000 350,000 320,000
Have to use excel Solver & please provide formula put in solver.
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