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The Carrington Oil Company blends regular and premium products from two types of crude oil, heptane (H) and octane (O). Each liter of regular is composed of at least 50% H. Each liter of premium is composed of at least 40% H. During this planning period there are exactly 200,000 liters of H and 310,000 liters of O available. The profit contributions per liter of the regular and the premium products are $0.03 and $0.04 per liter respectively. Determine how this company can maximize profits by planning its production. Construct your own template and use Solver to find the solution.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91351617

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