Crude oil refining problem

XYZ Oil Company produces four products in its refinery in unit I and in unit II; gasoline, heating oil, jet fuel, and lubricating oil. These products are made from four available crude oils. The first three crudes are processed in unit I; the fourth crude is processed in either unit I or unit II. OnIy unit II is capable of producing lube oil in addition to the other three products.

Resources (input) Availability (in barrels per week)
Crude 1 and 3: up to 200,000 each
Crude 2: up to 150,000
Crude 4: up to 250,000

Input-output coefficients
Tablo shows the input-output relationship between crudes (inputs) and products (outputs). these are the yields. For example, a barrel of crude I yields 0.5 barrels of gasoline, 0.3 barrels of heating oil, and 0.1 barrels of jet fuel.

Input-output coefficients

Unit Crude Gasoline Heating oil Lube oil Jet fuel Loss
I 1 0.5 0.3 0 0.1 0.1
I 2 0.4 0.2 0 0.2 0.2
I 3 0.6 0.2 0 0.1 0.1
I 4 0.5 0.1 0 0.2 0.2
II 4 0.4 0.1 0.3 0.1 0.1

Marketability
Each week, Company can sell up to 250,000 barrels of gasoline; 120,000 barrels of heating oil; 30,000 barrels of lube oil; and l00,000 barrels of jet fuel.

Profit
For each barrel of crude 1 refined, Company realizes $1.50 profit, crude 2 hrings $2.00 per barrel, crude 3 brings $1.10 per barrel, and crude 4 brings $2.00 per barrel fL processed in unit 1 and $3.00 per barrel if processed in unit II. The objective of Company is to maximize profits. The problem is: How much crude oil of each available type should Company refine each week to meet the proflt maximization?

Define the decision variables
X1 = Amount of crude 1 to be processed
X2 = Amount of crude 2 to be processed
X3 = Amount of crude 3 to be processed
X4 = Amount of crude 4 to be processed
X5 = Amount of crude 4 to be processed
(X4 + X5 = Amount of crude 4 to be processed)

The optiinal solution
X1 = 150,000 barrels
X2 = 150,000 barrels
X3 = 0
X4 = 150,000 barrels
X5 = 100,000 barrels

Total profit = $1,125,000 (each week)

 

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