Question: Show me the steps to solve this problems in Excel SheetAn oil refinery has inputs from three suppliers, with the prices and characteristics shown in
Show me the steps to solve this problems in Excel SheetAn oil refinery has inputs from three suppliers, with the prices and characteristics
shown in the table. The inputs are blended to produce two products, with the
promised specifications are shown in the table.
The refinery has a capacity of litresday overall. Subject to the overall
capacity, up to litresday of any input, or litresday of any output
can be handled.
We can assume that all three inputs have identical densities, thereby enabling the
sulphur percentages to be treated as if they were by volume. We can also assume
that there are no losses in the blending process, and that the characteristics of the
outputs are a weighted average by volume of the characteristics of the inputs.
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