Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

I need the answer as soon as possible Example 12.3. A firm making castings uses electric furnace to melt iron with the fol- lou:ing specifications

I need the answer as soon as possible image text in transcribed

Example 12.3. A firm making castings uses electric furnace to melt iron with the fol- lou:ing specifications : Minimum Maximum 9127 Carbon 3.20% 3:40% Silicon 2.25% 2.35% Specifications and costs of various raw materials used for this purpose are given be- low: Material Carbon% Silicon% Cost (Rs.) 0.4 0.15 850/tonne 3.80 2.40 900/tonne Remelt from foundary 3.50 2.30 500/tonne If the total charge of iron metal required is 4 tonnes, find the weight in kg of each rau: material that must be used in the optimal mix at minimum cost. Steel scrap Cast iron scrap

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting Concepts And Practice

Authors: Arnold J. Pahler

9th Edition

0324233531, 978-0324233537

More Books

Students explore these related Accounting questions