In order to ensure the appropriate blend each grade has, Ask an Expert

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In order to ensure the appropriate blend, each grade has certain specifications as follows: Grade Component Specs Selling Price per gallon Regular At most 30% component 1 At least 40% component 2 At most 20% component 3 2.90 Premium At least 25% component 1 At most 45% component 2 At Least 30% component 3 3.00 The company wants to produce at least 10,000 gallons of each grade of gasoline. Formulate a LP model including the ratio constraints, production constraints and the objective function for this question.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92554457

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