![FINITE MATH.F/MGRL....(LL)>CUSTOM PKG.<](https://www.bartleby.com/isbn_cover_images/9781337496094/9781337496094_largeCoverImage.gif)
MINIMIZING OIL REFINERY COSTS An oil company operates two refineries in a certain city. Refinery I has an output of 200,100, and 100 barrels of low-, medium-, and high-grade oil per day, respectively. Refinery II has an output of 100, 200, and 600 barrels of low-, medium-, and high-grade oil per day, respectively. The company wishes to produce at least 1000, 1400, and 3000 barrels of low-, medium-, and high-grade oil, respectively, to fill an order. If it costs $200/day to operate Refinery I and $300/day to operate Refinery II, determine how many days each refinery should be operated to meet the production requirements at minimum cost to the company. What is the minimum cost?
![Check Mark](/static/check-mark.png)
Trending nowThis is a popular solution!
![Blurred answer](/static/blurred-answer.jpg)
Chapter 4 Solutions
FINITE MATH.F/MGRL....(LL)>CUSTOM PKG.<
- Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:CengageCalculus For The Life SciencesCalculusISBN:9780321964038Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.Publisher:Pearson Addison Wesley,
- Algebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage Learning
![Text book image](https://www.bartleby.com/isbn_cover_images/9780321964038/9780321964038_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781337282291/9781337282291_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781285195780/9781285195780_smallCoverImage.gif)