Food Manufacture 1: When to Buy and How to Blend

Variables

Table 1.2 shows the variables that are used in this example.

Table 1.2: Variables

Variable Name

Interpretation

Buy[oil,period]

Tons of raw oil to buy per period

Use[oil,period]

Tons of raw oil to use per period

Manufacture[period]

Tons of final product to manufacture per period

Store[oil,period]

Tons of raw oil to store as inventory at the end of each period