Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are three factories on a river, each of which emits two types of pollutants, labeled P1 and P2, into the river. If the waste

There are three factories on a river, each of which emits two types of pollutants, labeled P1 and P2, into the river. If the waste from each factory is processed, the pollution in the river can be reduced. It costs $1500 to process a ton of factory 1 waste, and each ton processed reduces the amount of P1 by 0.10 ton and the amount of P2 by 0.45 ton. It costs $1000 to process a ton of factory 2 waste, and each ton processed reduces the amount of P1 by 0.20 ton and the amount of P2 by 0.25 ton. It costs $2000 to process a ton of factory 3 waste, and each ton processed reduces the amount of P1 by 0.40 ton and the amount of P2 by 0.30 ton. The state wants to reduce the amount of P1 in the river by at least 30 tons and the amount of P2 by at least 40 tons. [a] Determine the minimum cost of reducing pollution by the desired amounts. [b] Investigate the effects of increases in the minimal reductions required by the state. Specifically, see what happens to the amounts of waste processed at the three factories and the

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

Step: 3

blur-text-image

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

Business Ethics Ethical Decision Making & Cases

Authors: O. C. Ferrell, John Fraedrich, Linda Ferrell

8th Edition

1439042233, 978-1439042236

More Books

Students also viewed these Business Communication questions

Question

Respond to the questions in Consumer Insight 171.

Answered: 1 week ago