In the blending model suppose there is a chemical ingredient called C1 that both gasoline and heating
Question:
In the blending model suppose there is a chemical ingredient called C1 that both gasoline and heating oil need. At least 3% of every barrel of gasoline must be C1, and at least 5% of every barrel of heating oil must be C1. Suppose that 4% of all crude oil 1 is C1 and 6% of all crude oil 2 is C1. Modify the model to incorporate the constraints on C1, and then optimize. Don't forget to clear denominators.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
Oil blending model Properties of crude oil inputs Value per barrel Quality level Crude oil 1 65 1...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Business Analytics Data Analysis and Decision Making
ISBN: 978-1305947542
6th edition
Authors: S. Christian Albright, Wayne L. Winston
Question Posted:
Students also viewed these Statistics questions
-
Use SolverTable in the blending model to see whether, by increasing the selling price of gasoline, you can get ansoptimal solution that produces only gasoline, no heating oil. Then use SolverTable...
-
Use SolverTable in the blending model to find the shadow price of crude oil 1-that is, the amount Chandler would be willing to spend to acquire more crude oil 1. Does this shadow price change as...
-
In the current version of the blending model, a barrel of any input results in a barrel of output. However, in a real blending problem there can be losses. Suppose a barrel of input results in only a...
-
Calculate the dollar proceeds from the FIs loan portfolio at the end of the year, the return on the FIs loan portfolio, and the net interest margin for the FI if the spot foreign exchange rate has...
-
Ratio analysis Selected data for Ernsmeyer Company for 2011 and additional information on industry averages follow. Required a. Calculate and compare Ernsmeyer Companys ratios with the industry...
-
James contracts to make repairs to Bettys building in return for Bettys promise to pay $12,000 upon completion of the repairs. After partially completing the repairs, James is unable to continue....
-
In the matrix representation the species \(n\) chosen for elimination is usually referred to as the solvent. The choice of "solvent" species is arbitrary, but it can have an effect on the coefficient...
-
The following occurred during June at Youngs Professional Counseling. INSTRUCTIONS Analyze each transaction. Use T accounts to record these transactions and be sure to put the name of the account on...
-
XYZ Limited is a listed company on the Jamaica Stock Exchange. Its market capitalization as at December 3 1 , 2 0 1 5 was $ 5 5 0 m and the outstanding shares at the same date was 4 0 , 0 0 0 , 0 0 0...
-
Jackson et al. (1987) compared the precision of systematic and stratified sampling for estimating the average concentration of lead and copper in the soil. The 1-km2 area was divided into 100-m...
-
Modify the employee scheduling model so that employees are paid $10 per hour on weekdays and $15 per hour on weekends. Change the objective so that you now minimize the weekly payroll. (You can...
-
A city (labeled C for convenience) is trying to sell municipal bonds to support improvements in recreational facilities and highways. The face values (in thousands of dollars) of the bonds and the...
-
Identify three commonly used antivirus software packages. Develop a spreadsheet that compares the cost and fundamental features of each package. Which antivirus solution would you choose and why?
-
Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Beginning Balance Ending Balance Assets Cash $ 1 4 0 , 0 0 0 $ 1 2 0 , 0 0 0 Accounts...
-
On January 16, Tree Co. paid $60,000 in property taxes on its factory for the current calendar year. On April 2, Tree paid $240,000 for unanticipated major repairs to its factory equipment. The...
-
Whirly Corporation s contribution format income statement for the most recent month is shown below: Total Per Unit Sales ( 7 , 9 0 0 units ) $ 2 6 0 , 7 0 0 $ 3 3 . 0 0 Variable expenses 1 4 2 , 2 0...
-
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Its Production Department s planning budget and flexible budget are based on the following formulas, where...
-
Silver Company makes a product that is very popular as a Mother s Day gift. Thus, peak sales occur in May of each year, as shown in the company s sales budget for the second quarter given below:...
-
Why is the buoyancy correction equal to 1 in Figure 2-9 when the density of the object being weighed is 8.0 g/mL? Figure 2-9
-
Feller Company purchased a site for a limestone quarry for $100,000 on January 2, 2019. It estimate that the quarry will yield 400,000 tons of limestone. It estimates that its retirement obligation...
-
A lightbulb manufacturer wants to know the number of defective bulbs contained in a typical box shipped by the company. Production personnel at this company have recorded the number of defective...
-
Given data in the file P2_13.XLS from a recent survey of chief executive officers from 350 of the nations biggest businesses (The Wall Street Journal, April 9, 1998), choose a simple random sample of...
-
In ranking 325 metropolitan areas in the United States, David Savageau and Geoffrey Loftus, the authors of Places Rated Almanac (published in 1997 by Macmillan, Inc.) consider the average time (in...
-
What is Fibonacci heap? Explain CONSOLIDATE operation with suitable example for Fibonacci heap ?
-
Discuss the impact of global supply chain disruptions, exacerbated by events like the COVID-19 pandemic, on inventory management strategies and market resilience across various industries?
-
A pharmaceutical retailer decided to host a website for home delivery of medicines according to user orders. The web application is deployed on a single Amazon EC2 instances. within a few months, the...
Study smarter with the SolutionInn App