chandler - 93db428f9df613b4b3f59e5d6becffb1116eaec3.xls...

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Unformatted text preview: 93db428f9df613b4b3f59e5d6becffb1116eaec3.xls Values Chandler Blending Problem Monetary inputs Gasoline Heating oil Selling price/barrel $25.00 $20.00 Advertising cost/barrel $0.20 $0.10 Quality level per barrel of crudes Crude oil 1 10 Crude oil 2 5 Required quality level per barrel of product Gasoline Heating oil 8 6 Blending plan (barrels of crudes in each product) Gasoline Heating oil Barrels used Barrels available Crude oil 1 3000 2000 5000 <= 5000 Crude oil 2 2000 8000 10000 <= 10000 Barrels sold 5000 10000 Constraints on quality Gasoline Heating oil 40000 60000 >= >= 40000 60000 Profit summary Gasoline Heating oil Profit/barrel $24.80 $19.90 Total profit $323,000 Quality "points" obtained Quality "points" required A B C D E F 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Chandler Blending Problem Monetary inputs Gasoline Heating oil Selling price/barrel $25.00 $20.00 Advertising cost/barrel $0.20 $0.10 Quality level per barrel of crudes Crude oil 1...
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This note was uploaded on 12/17/2010 for the course MSIS 623:386 taught by Professor Markowitz during the Fall '09 term at Rutgers.

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chandler - 93db428f9df613b4b3f59e5d6becffb1116eaec3.xls...

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