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Usimov [2.4K]
3 years ago
14

A refinery produces both gasoline and fuel oil and sells gasoline for $1/gallon and fuel oil for $0.90/gallon. The refinery can

produce at most 600,000 gallons a day, but must produce at least 2 gallons of fuel oil for every gallon of gasoline. At least 150,000 gallons of fuel oil must be produced each day to meet current demands. How much of each type of fuel should produce to maximize daily profits
Business
1 answer:
ahrayia [7]3 years ago
3 0

Answer:

400,000 gallon's of fuel oil

200,000 gallon's of gasoline

Explanation:

Constraint 1: you must produce at least 2 gallons of fuel oil for every gallon of gasoline

So for every three gallons you must have 2 fuel oil and one gasoline.

Thus 600,000/3 = 200,000

200,000 × 2 = 400,000 fuel oil 200,000 × 1 = 200,000 gasoline

Constraint 2: is that at least 150,000 gallons of fuel oil must be produced. 400,000 is greater than 150,000

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2 years ago
In what situations is top-down planning likely to be superior to bottom-up emergent strategy development
Marianna [84]

Answer is given below :

Explanation:

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3 years ago
much to the chagrin of established firms, one clear supertrend is that products and services must get to market faster because
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Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."

This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.

Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.

Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.

Hence, in this case, it is concluded that the established firms must be proactive if they want to remain above the rest of their competitors.

Learn more here: brainly.com/question/17557971

5 0
2 years ago
Pell Corporation manufactures computers. Assume that Pell allocates manufacturing overhead based on machine hours estimated 10,0
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Answer:

exist 139,200

Explanation:

Assume that Pell allocates manufacturing overhead based on machine hours, estimated 10,000 machine hours and exist 87,000 that implies that the standard cost per machine hour = exist 87,000 / 10,000 = 8.7 exist

Therefore the manufacturing overhead costs if Pell actually used 16,000 machine hours will be: 16000 x 8.7 = exist 139,200

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