MS5220 Management Science Quiz 2

MS5220 Management Science Quiz 2
The spirit is such that it PRODUCES itself and MAKES itself what it IS.
Preliminary Quiz on “ Tascosa Refinery B”
Read the “ Tascosa Refinery B” and answer the following questions.

Note: “Crude Unit” = “Crude Fractionation Unit.”

1. Which of the following statements is correct?
(A) The refinery purchases isobutane and three types of diesel oils from outside;
(B) The refinery purchases isobutane and two types of diesel oils from outside;
(C) The refinery purchases isobutane and three types of crude oils from outside;
(D) The refinery purchases isobutane and two types of crude oils from outside.

2. Which of the following statements is correct?
(A) The crude oils and the diesel oils are fed into the “Crude Unit;”
(B) Only the crude oils are fed into the “Crude Unit;”
(C) The crude oils and the isobutane are fed into the “Crude Unit;”
(D) Only the diesel oils are fed into the “Crude Unit.”

3. Which of the following statements is correct?
(A) All outputs from the crude unit must be further processed by at least one more major processing unit;
(B) All Gas Oil from the crude unit will NOT be further processed by any other major processing unit;
(C) All Naphtha from the crude unit will NOT be further processed by any other major processing unit;
(D) All Kerosene from the crude unit will NOT be further processed by any other major processing unit.

4. Which of the following statements is correct?
(A) Tascosa buys crude oils from external suppliers at $3.46 per barrel;
(B) Tascosa sells crude oils to outsiders at $3.35 per barrel.
(C) Tascosa buys crude 2 from its subsidiary at $3.35 per barrel.
(D) Tascosa buys crude oils from its subsidiary at $3.35 per barrel.

5. The cost of processing 100 barrels of Crude 1 in the Crude Unit (excluding raw material cost) is: (A) $346; (B) $3.4; (C) $34.6; (iv) $0.034.

6. For each 100 barrels of Crude 3 fed into the Crude Unit, one obtains
(A) 30 barrels of input ingredients for the Cat Cracker;
(B) 36 barrels of input ingredients for the Cat Cracker;
(C) 30 barrels of kerosene as input ingredients for the Cat Cracker;
(D) 36 barrels of Naphtha for further processing.

7. For each 100 barrels of Crude 2 fed into the Crude Unit,
(A) 31 barrels of Naphtha will be obtained from the Crude Unit;
(B) 26 barrels of Naphtha will be obtained from the Crude Unit;
(C) 26 barrels of Naphtha will be produced as input material to the Reformer;
(D) 31 barrels of Naphtha will be produced as input material to the Reformer.

8. Which of the following statements is correct?
(A) All the Kerosene produced is sold externally as “Kerosene” for $3.85/barrel;
(B) Diesel fuel is sold externally as “Kerosene” for $4.05/barrel;
(C) All the Kerosene produced is sold externally as “Kerosene” for $4.05/barrel;
(D) Part of the Kerosene produced is sold externally as “Kerosene” for $4.05/barrel