I was reading the book Vulcan 607 by Rowland White who examines the details of a British bomber's mission during the Falklands War in 1982. At some point, the author wrote about the fuel shortage experienced by the crew of the four-engine Vulcan bomber during their return to their base. The author wrote that the pilot "considered shutting down one of the four Rolls-Royce Conway engines to get a little more range out of the remaining fuel...".
I have not heard of this type of procedure before, so I am wondering if the decision to shut down one of the engines to maximize fuel efficiency makes sense.