An aviation fuel manufacturer sells two types of fuel A and B. Type A fuel is 25
Fantastic news! We've Found the answer you've been seeking!
Question:
An aviation fuel manufacturer sells two types of fuel A and B. Type A fuel is 25 % grade 1 gasoline, 25 % of grade 2 gasoline, and 50 % of grade 3 gasoline. Type B fuel is 50 % of grade 2 gasoline and 50 % of grade 3 gasoline. Available for production is 500 liters per hour in grade 1 and 200 liters per hour for grade 2 and grade 3 each. Costs are 60 paise per liter for grade 1, 120 paise for grade 2 and100 paise for grade 3. Type A can be sold at Rs. 7.50 per liter and B can be sold at Rs. 9.00 per liter. How much of each fuel should be made and sold to maximize the profit.
Related Book For
Probability and Random Processes With Applications to Signal Processing and Communications
ISBN: 978-0123869814
2nd edition
Authors: Scott Miller, Donald Childers
Posted Date: