A B C D E F

1 Example 4.4: Blending at Chandler Oil, page 164

2
3 Monetary inputs Gasoline Heating oil
4 Selling price/barrel $25.00 $20.00
5
6 Quality level per barrel of crudes
7 Crude oil 1 10
8 Crude oil 2 5
9
10 Required quality level per barrel of product
11 Gasoline Heating oil
12 8 6
13
14 Blending plan (barrels of crudes in each product)
15 Gasoline Heating oil Barrels used Barrels available
16 Crude oil 1 3000 2000 5000 <= 5000
17 Crude oil 2 2000 8000 10000 <= 10000
18 Barrels sold 5000 10000
19
20 Constraints on quality
21 Gasoline Heating oil
22 Quality points obtained 40000 60000
23 >= >=
24 Quality points required 40000 60000
25
26 Objective to maximize
27 Revenue $325,000
Oneway analysis for Solver model in Model worksheet

Input (cell $B$4) values along side, output cell(s) along top

Barrels_sold_1

Barrels_sold_2

Revenue
$20.00 5000 10000 $300,000
$25.00 5000 10000 $325,000
$30.00 5000 10000 $350,000
$35.00 5000 10000 $375,000
$40.00 5000 10000 $400,000
$45.00 5000 10000 $425,000
$50.00 5000 10000 $450,000
$55.00 5000 10000 $475,000
$60.00 8333 0 $500,000
$65.00 8333 0 $541,667
$70.00 8333 0 $583,333
$75.00 8333 0 $625,000
$80.00 8333 0 $666,667

9000
8000
7000
6000
5000
4000
3000
2000
1000
0
0 0
0 .0 5 .0 0.
0
$2 $2 $3
 Sensitivity of Barrels_sold_1 to Input

Data for chart

When you select an output from the

Barrels_sold_1
dropdown list in cell $K$4, the chart
will adapt to that output.

1
5000
5000
5000
5000
5000
5000
5000
5000
8333.33333
8333.33333
8333.33333
8333.33333
8333.33333

Sensitivity of Barrels_sold_1 to Input

9000
8000
7000
6000
5000
4000
3000
2000
1000
0
0 0 0 0 0 0 0 0 0 0 0 0 0
0 .0 5 .0 0 .0 5 .0 0 .0 5 .0 0 .0 5 .0 0 .0 5 .0 0 .0 5 .0 0 .0
$2 $2 $3 $3 $4 $4 $5 $5 $6 $6 $7 $7 $8

Input ($B$4)
Oneway analysis for Solver model in Model worksheet

Input (cell $C$4) values along side, output cell(s) along top

Barrels_sold_1

Barrels_sold_2

Revenue
$2,000.00 0 15000 $30,000,000
$3,000.00 0 15000 $45,000,000
$4,000.00 0 15000 $60,000,000
$5,000.00 0 15000 $75,000,000
$6,000.00 0 15000 $90,000,000
$7,000.00 0 15000 $105,000,000
$8,000.00 0 15000 $120,000,000
$9,000.00 0 15000 $135,000,000
$10,000.00 0 15000 $150,000,000
$11,000.00 0 15000 $165,000,000
$12,000.00 0 15000 $180,000,000
$13,000.00 0 15000 $195,000,000
$14,000.00 0 15000 $210,000,000
$15,000.00 0 15000 $225,000,000
$16,000.00 0 15000 $240,000,000
$17,000.00 0 15000 $255,000,000
$18,000.00 0 15000 $270,000,000
$19,000.00 0 15000 $285,000,000
$20,000.00 0 15000 $300,000,000

1
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0
 Sensitivity of Barrels_sold_1 to Input

Data for chart

When you select an output from the

Barrels_sold_1
dropdown list in cell $K$4, the chart
will adapt to that output.

1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Sensitivity of Barrels_sold_1 to Input

1
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0

Input ($C$4)