Question: b ) ABC oil refinery extracts petrol from two types of methane [ Oct 8 7 and Oct 9 2 ( premium ) ] petrol
b ABC oil refinery extracts petrol from two types of methane Oct and Oct premium petrol from an oil reservoir. These menthanes are also called black gold and they are stored in oil barrels. Each barrel can hold up to litres. The cost of Oct and Oct barrels are Rs and Rs respectively. It is assumed that the barrels can be shipped with a lower specification limit of litres. The out of specification barrels are discarded, resulting in a loss of Rs per barrel. Therefore, the quality department checks eight barrels a day for each type of methane to make sure the oil is shipped correctly see Table below The annual production rate is barrels per day. Compare the quality levels of these two types of petrol.
tabletableType ofmethaneDeviation of oil in litresOct Oct
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