Question: A refinery has two crude gils with the xields given in the following table. Because of equipment and storage limitations . production of gasoline kerosene
A refinery has two crude gils with the xields given in the following table. Because of equipment
and storage limitations production of gasoline kerosene and fuel oil must be limited as shown in
the same table. The profit on processing crude no is $arrel and on processing srude no
is $ harrel. Let the xolume of crude no used barrelday is and of crude ne used
barrelday is
a In order to determine the optimum daily feed rates and of the two crudes that
maximizes the daily profit prepare a mathematical statement objective function,
constraints etc. of this problem. Discuss if this is a linear or nonlinear programming
problem.
b Solve the optimization problem using Excel Solver. What are the optimum yalues of and
What is the maximum daily profit?
PLS ALL OF THE DETAILS.
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