A petroleum refiner company conducts a experiment and produce two products specifically, there are petroleum naphtha and asphalt liquid. By selling the petroleum naphtha to consultant company the petroleum company can gain profits of 4 rupees per litre and, for asphalt liquid per litre the profit is of 3 rupees per litre. Processing each litre of petroleum naphtha requires to spend 3 hours in reactor A of and another 4 hours in reactor B. Also, the processing of one litre of asphalt liquid required to spend 4 and 2 hours, respectively. The time available daily to each of these process of spending in reactor A and reactor B is 12 and 8 hours respectively. Furthermore, it is estimated to produce hardly 3 litres per daily of petroleum product. Determine the number of litres of petroleum naphtha and asphalt liquid to be produced daily in order to maximize gains. (Qa)Formulate the problem accommodating objective and constraint equation? (Qb)Find the desirable values of petroleum naphtha and asphalt liquid variables that satisfy the constraint equation. Code this solution in MATLAB without using linprog command. Should use polyval and polyfit commands. Try to create atleast one user define matlab function Hint: Ignore the inequality in the contraint equations, constructe the equation of curve, plot that line equation within approiate interval values. Use polyval and polyfit commands to fit the plot. Note down the intersect points of lines and substutite values of the intersecting points in the objective equation to obtain the optimal solution (Qc)Find the optimal solution and the values of the contraint variables using linprog command and use this solution to validate the solution of Qb
A petroleum refiner company conducts a experiment and produce two products specifically, there are petroleum naphtha and asphalt liquid. By selling the petroleum naphtha to consultant company the petr...
A petroleum refiner company conducts a experiment and produce two products specifically, there are petroleum naphtha and asphalt liquid. By selling the petroleum naphtha to consultant company the petroleum company can gain profits of 4 rupees per litre and, for asphalt liquid per litre the profit is of 3 rupees per litre. Processing each litre of petroleum naphtha requires to spend 3 hours in reactor A of and another 4 hours in reactor B. Also, the processing of one litre...
A computer parts manufacturer produces two types of monitors—monochrome and color. There are two production lines, one for each type of monitor. The monochrome monitor line has a daily capacity of 700 units per day. The color monitor line has a daily capacity of 500 units per day. In department A, the LCD panels are produced for both monitor lines. In department A, the production of monochrome LCD requires one hour of labor, and a color monitor requires two hours...
A company makes two products, P and Q. They use two machines, A and B to make these two products. Each unit of P require of processing time on machine A and processing time on machine A and machine B is available for To have the most CM, how much of each product should be made per week. Formulate and solve by hand. You can take a picture of your work and upload it or type it all out in...
are not to be used to perform any calculus. x10 1. The simple supported beam ABC in Fig.(a) carries a distributed load of maximum intensity w, which includes. the weight of the beam, over its span of length L. Determine the maximum B displacement of the beam. L Equation of the elastic curve is given by the following differential equation R RC (al M-3-4 where M is the bending 12L d'v moment of the beam. It is also given that...
There are 3 Problems: The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition to the fuel cost, American Petroleum Supply charges MBC $300 per order to cover the expenses of delivering and transferring the fuel to MBC's storage tanks. The lead time for a new shipment from American Petroleum is 10 days; the cost of holding a gallon of fuel in the storage tanks is S0.03 per month, or $0.36 per year; and annual fuel...
Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The following information is available Product G Product B 120 72 Selling price per unit Variable costs per unit $ 90 30 Contribution margin per unit $ 60 $ 48 Machine hours to produce 1 unit Maximum unit sales per month 0.4 hours 1.0 hours 600 units 200 units The company presently operates the machine for a single eight-hour shift for 22...
Also please solve by either using excel or R LP solvers The Magnetron Company manufactures and markets microwave ovens. Currently, the company produces two models: full-size and compact. Production is limited by the amount of labor available in the general assembly and electronic assembly departments, as well as by the demand for each model. Each full-size oven requires 2 hours of general assembly and 2 hours of electronic assembly, whereas each compact oven requires 1 hour of general assembly and...
(8 points) M&D Chemicals produces two products that are sold as raw materials to companies manufacturing bath soaps and laundry detergents. Let A=number of gallons of product A B=number of gallons of product B M&D’s objective is to satisfy all requirements at a minimum total cost. Production costs are $2 per gallon for product A and $3 per gallon for product B. The objective function together with the constraints is given below: Objective function: Min 2A+3B Subject to (s.t) 1A...
Problem 5 Assume that a worker has the Utility Function U(C,L) C "C" refers to consumption in dollars and "L" to hours of leisure in a day. The worker has an offered wage of $10 per hour, 20 hours available for leisure or work per day, and $30 dollars a day from non- labour income. o 8.60 L (a) Find the budget constraint equation of the individual. (b) Find the optimal choice for the individual in terms of units of...
Koontz Company manufactures a number of products. The standards relating to one of these products are shown below, along with actual cost data for May Standard Cost per Unit Actual Cost per Unit $ 5.40 $ 5.94 16.20 Direct materials: Standard: 1.80 feet at $3.00 per foot Actual: 1.80 feet at $3.30 per foot Direct labor: Standard: 0.90 hours at $18.00 per hour Actual: 0.92 hours at $17.50 per hour Variable overhead: Standard: 0.90 hours at $5.00 per hour Actual:...