Question: s with the new option. a . Formulate and solve a spreadsheet model to find an optimal plan for shipping 3 6 0 million barrels
s with the new option.
a Formulate and solve a spreadsheet model to find an optimal plan for shipping
million barrels of crude oil per year from the oil fields to the refineries, including the
new one in St Louis, where the amount of crude oil each refinery will receive up to
its capacity is based on minimizing the total annual cost for these shipments. Hint:
You can save some time in this and subsequent parts by using the live spreadsheets
for the Texago case study in this chapters Excel files as a starting point. Compare
the resulting total annual cost for these shipments with the results obtained in Figure
under the original assumption of a smaller refinery in St Louis
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