Business, 19.09.2019 22:30 TylieW

1(a): you are the operations manager at your firm. due to a pre-existing contract, you have the opportunity (but not the obligation) to acquire 30,000 barrels of gasoline and 50,000 barrels of heating oil for a total cost of $7,500,000. the current market price of gasoline is $2.0785 per gallon and for heating oil is $93.08 per barrel. one barrel = 42 gallons. you are not sure that your firm needs all of the gasoline or heating oil. as a result, you are wondering if you should take this opportunity. what is the value of this opportunity in dollars? (do not include any symbols, such as $, in your response).

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1(a): you are the operations manager at your firm. due to a pre-existing contract, you have the opp...