Math Problem Statement
An aviation fuel manufacturer sells two types of fuel A and B. Type A fuel is 25 % grade 1 gasoline, 25 % of grade 2 gasoline and 50 % of grade 3 gasoline. Type B fuel is 50 % of grade 2 gasoline and 50 % of grade 3 gasoline. Available for production are 500 liters per hour grade 1 and 200 liters per hour of grade 2 and grade 3 each. Costs are 60 paise per liter for grade 1, 120 paise for grade 2 and100 paise for grade 3. Type A can be sold at Rs. 7.50 per liter and B can be sold at Rs. 9.00 per liter. How much of each fuel should be made and sold to maximise the profit.
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Programming
Optimization
Formulas
Profit Function Calculation
Theorems
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Suitable Grade Level
Advanced College Level
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