Use the Information for the Question(s)below

question 23

Multiple Choice

Use the information for the question(s) below. As an oil refiner,you are able to produce $76 worth of unleaded gasoline from one barrel of Alaska North Slope (ANS) crude oil.Because of its lower sulfur content,you can produce $77 worth of unleaded gasoline from one barrel of West Texas Intermediate (WTI) crude.
-Another oil refiner is offering to trade you 10,150 Bbls of Alaska North Slope (ANS) crude oil for 10,000 Bbls of West Texas Intermediate (WTI) crude oil.Assuming you just purchased 10,000 Bbls of WTI crude at the current market price,the added benefit (cost) to you if you take the trade is closest to:

• A)$730,600.
• B)$771,400.
• C)$40,800.
• D)$43,308.

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Definitions:

Flow Shop

A manufacturing system where production processes are arranged in a series, and each product follows the same sequence.

Precedence Diagram

A visual representation of the sequence in which work must be performed in a project, showing the order of tasks and their dependencies.

Task Times

The estimated or recorded time required to complete specific tasks or operations within a job or process.

Assembly Operation

A manufacturing process in which components or parts are systematically put together to form a finished product.