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I need help with both problem please , list the steps . Perth Mining Company operates two mines for the purpose of extracting gold and
I need help with both problem please , list the steps .
Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $16,000/day to operate, and it yields 50 oz of gold and 3000 oz of silver each of x day. The Horseshoe Mine costs $17,000/day to operate, and it yields 75 oz of gold and 1000 oz of silver each of y day. Company management has set a target of at least 650 oz of gold and 18,000 oz of silver. How many days should each mine be operated so that the target can be met at a minimum cost? (x, y) =( What is the minimum cost? $ National Business Machines manufactures x model A fax machines and y model B fax machines. Each model A costs $100 to make, and each model B costs $150. The profits are $40 for each model A and $45 for each model B fax machine. If the total number of fax machines demanded per month does not exceed 2500 and the company has earmarked no more than $600,000/month for manufacturing costs, how many units of each model should National make each month to maximize its monthly profit? (x,y) - What is the optimal profit Step by Step Solution
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