# Question: Eastern Chemicals produces two types of lubricating fluids used in

Eastern Chemicals produces two types of lubricating fluids used in industrial manufacturing. Both products cost Eastern Chemicals $1 per gallon to produce. Based on an analysis of current inventory levels and outstanding orders for the next month, Eastern Chemicals’ management specified that at least 30 gallons of product 1 and at least 20 gallons of product 2 must be produced during the next two weeks. Management also stated that an existing inventory of highly perishable raw material required in the production of both fluids must be used within the next two weeks. The current inventory of the perishable raw material is 80 pounds. Although more of this raw material can be ordered if necessary, any of the current inventory that is not used within the next two weeks will spoil—hence, the management requirement that at least 80 pounds be used in the next two weeks. Furthermore, it is known that product 1 requires 1 pound of this perishable raw material per gallon and product 2 requires 2 pounds of the raw material per gallon. Because Eastern Chemicals’ objective is to keep its production costs at the minimum possible level, the firm’s management is looking for a minimum-cost production plan that uses all the 80 pounds of perishable raw material and provides at least 30 gallons of product 1 and at least 20 gallons of product 2. What is the minimum-cost solution?

## Answer to relevant Questions

Refer to the sensitivity information for the Kelson Sporting Equipment problem in Figure 8.14 (see Problem 5).a. Determine the objective coefficient ranges.b. Interpret the ranges in part (a).c. Interpret the right-hand-side ...Bay Oil produces two types of fuels (regular and super) by mixing three ingredients. The major distinguishing feature of the two products is the octane level required. Regular fuel must have a minimum octane level of 90 ...Dave has $100,000 to invest in 10 mutual fund alternatives with the following restrictions. For diversification, no more than $25,000 can be invested in any one fund. If a fund is chosen for investment, then at least $10,000 ...To understand how a multiple-server waiting line system with a shared queue compares to a multiple-server waiting line system with a dedicated queue for each server, reconsider the Burger Dome example. Suppose Burger Dome ...Suppose a manager must choose between the following two mathematical models of a given situation: (a) a relatively simple model that is a reasonable approximation of the real situation and (b) a thorough and complex model ...Post your question