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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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Dmitrij [34]

Answer:

Explanation:

1.Price: check if our price is still within the range of what our customers can afford or budget for.

2.Promotion: Does our customers or potential customers still view our advertisements.

3.Product: is our product still relevant and up to date when it comes to services and software.

4.Customers: Talk about our target audience, is there any change?

5.Competition: what are our competitors doing, why do customers prefer them to us

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3 years ago
Allowance for Doubtful Accounts has a debit balance of $500 at the end of the year, before adjustment, and uncollectible account
tigry1 [53]

Answer: c. $18,000

Explanation:

Provision for doubtful accounts estimate;

= 600,000 * 3%

= $18,000

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3 years ago
Negotiated transfer prices ______. are consistent with decentralization use the expertise of managers in weighing the costs and
ruslelena [56]

Answer:

1. are consistent with decentralization.

2. use the expertise of managers in weighing the costs and benefits of the transfer.

3. preserve the autonomy of the divisions.

Explanation:

A negotiated transfer prices can be defined as the final price reached between the buyer (consumer) of finished goods and services and the trader (seller) of such goods and services.

Negotiated transfer prices has the following advantages;

1. Negotiated transfer prices are consistent with decentralization.

2. Use the expertise of managers in weighing the costs and benefits of the transfer.

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4 0
3 years ago
g On June 30, the value of the account is 157.50. On December 31, the value of the account is X. Using the time weighted method,
irga5000 [103]

Answer:

236.23

Explanation:

The computation of X is shown below:-

As per the time-weighted method

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= (40 ÷ 50) × (80 ÷ 60) × (157.50 ÷ 160) - 1

= 5%

Annual equivalent = (1.05)^2 - 1

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= 0.1025

X(0.004667) = 1.1025

X = 236.23

Therefore on December 31st the value of account of X = 236.25

4 0
3 years ago
According to keynes what should the government do to improve economic conditions during a recession? group of answer choices
Dvinal [7]

Keynesian economics argues that demand drives supply and that healthy economies spend or invest more than they save. To create jobs and boost consumer buying power during a recession, Keynes held that governments should increase spending, even if it means going into debt.

Keynesian economics is a variety of macroeconomic theories and models of how aggregate demand significantly affects economic output and inflation. From a Keynesian perspective, aggregate demand does not necessarily match the economy's capacity. Instead, it is influenced by many factors that affect production, employment, and inflation.

Keynesian economists generally argue that aggregate demand is volatile and unstable, and as a result, market economies often experience inefficient macroeconomic consequences. They further argue that these economic fluctuations can be mitigated through coordinated economic policies between governments and central banks. Fiscal and monetary policy measures, in particular, help stabilize economic output, inflation, and unemployment throughout the business cycle. Keynesian economists generally advocate a regulated market economy. Although primarily the private sector, it plays an active role in government intervention during recessions.

Learn more about Keynesian economics  here : brainly.com/question/20036871

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2 years ago
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