A company produces two different grades of steel, A and B, at two different factories, 1 and 2. The following table summarizes the production capabilities of the factories, the cost per day, and the number of units of each grade of steel that is required to fill orders. Factory 1 Factory 2 Required 2 Units 2 Units $8,000 Grade A Steel 1 Unit Grade B Steel 3 Units Cost per Day $7,000 The minimum cost is $ 80 Units 140 Units How many days should each factory operate to fill the orders at minimum cost? What is the minimum cost? Use graphical methods. when factory 1 operates days and factory 2 operates days.

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Author:James Stewart
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A company produces two different grades of steel, A and B, at two different factories, 1 and 2. The following table summarizes the
production capabilities of the factories, the cost per day, and the number of units of each grade of steel that is required to fill
orders.
Factory 1 Factory 2 Required
1 Unit
2 Units
80 Units
Grade B Steel 3 Units
140 Units
Grade A Steel
Cost per Day $7,000
2 Units
The minimum cost is $
$8,000
How many days should each factory operate to fill the orders at minimum cost? What is the minimum cost? Use graphical
methods.
when factory 1 operates
days and factory 2 operates
days.
Transcribed Image Text:A company produces two different grades of steel, A and B, at two different factories, 1 and 2. The following table summarizes the production capabilities of the factories, the cost per day, and the number of units of each grade of steel that is required to fill orders. Factory 1 Factory 2 Required 1 Unit 2 Units 80 Units Grade B Steel 3 Units 140 Units Grade A Steel Cost per Day $7,000 2 Units The minimum cost is $ $8,000 How many days should each factory operate to fill the orders at minimum cost? What is the minimum cost? Use graphical methods. when factory 1 operates days and factory 2 operates days.
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