Business, 20.09.2019 22:00 anthonycortez4993

1(b): 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. should you accept or reject this opportunity? a. you should accept this opportunity because it offers positive value (benefits > costs). b. you should accept this opportunity because it offers negative value (costs > benefits). c. you should reject this opportunity because it offers positive value (benefits > costs). d. you should reject this opportunity because it offers negative value (costs > benefits). 1 points]

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