Question
EXCEL SOLVER: Need Help solving this problem in EXCEL SOLVER. Please Help! A gold processor has two sources of gold ore, source A and source
EXCEL SOLVER: Need Help solving this problem in EXCEL SOLVER. Please Help! A gold processor has two sources of gold ore, source A and source B. In order to keep his plant running, at least three tons of ore must be processed each day. Ore from source A costs $20 per ton to process, and ore from source B costs $10 per ton to process. Costs must be kept to less than $80 per day. Moreover, Federal Regulations require that the amount of ore from source B cannot exceed twice the amount of ore from source A. If ore from source A yields 2 oz. of gold per ton, and ore from source B yields 3 oz. of gold per ton, how many tons of ore from both sources must be processed each day to maximize the amount of gold extracted subject to the above constraints?
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