According to Automobile Association of a Country, on March 27

question 12

Short Answer

According to automobile association of a country, on March 27, 2009, the national average price per gallon of regular unleaded (85-octane) gasoline was $2.09, and the price of premium unleaded (92-octane) gasoline was $2.24. Write an objective function that models the cost of the blend of mid-grade unleaded gasoline (90-octane).
​

---

Definitions:

Rolling Budgets

A financial planning method that continuously updates by adding a new budget period as the current period is completed, ensuring a constant planning horizon.

Continuous Budgeting

A method of budgeting that continuously updates the financial budgets by adding a new period (month, quarter, etc.) as the current period is completed, allowing for near continuous financial planning.

Master Budget

A comprehensive financial plan for an organization's upcoming year, summarizing all of its plans and financial activities.

Budget

A financial plan that estimates income and expenditures for a future period, often used as a guide for financial decision-making and resource allocation.