Gibbs ensemble Monte Carlo simulations and cloud point measurements were performed to understand the molecular weight dependence of χ and the effect of dispersity on the phase behavior of polymer mixtures. Oligomeric blends consisting of poly(ethylene-alt-propylene) (PEP) and poly(ethylene oxide) dimethyl ether (PEO) were used as the model systems. First, the molecular weight dependence of χ for PEP/PEO mixtures was studied using simulations and experiments for PEP/PEO mixtures with various molecular weights. An empirical model with a single adjustable parameter kij is used to quantify this molecular weight dependence, and it allows for the accurate prediction of χ of PEP/PEO mixtures with arbitrary molecular weights. Second, the effects of molecular weight distribution (MWD) and dispersity (Đ) of PEO on the PEP/PEO phase diagram were investigated via both simulations and experiments. When PEO is relatively monodisperse (Đ < 1.2), the phase diagram is found to be insensitive to either MWD or Đ, despite di...