An oil company has two refineries. Each day, Refinery A produces 200 barrels of high-grade oil, 300 barrels of medium-grade oil, and 200 barrels of low-grade oil and costs $12,000 to operate. Each day, Refinery B produces 100 barrels of high-grade oil, 100 barrels of medium-grade oil, and 200 barrels of low-grade oil and costs $10,000 to operate. The company must produce at least 800 barrels of high-grade oil, 900 barrels of medium-grade oil, and 1,000 barrels of low-grade oil. What is the minimum cost to operate both refineries? Do not include a comma in your answer.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
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An oil company has two refineries. Each day, Refinery A produces 200 barrels of high-grade oil, 300 barrels of medium-grade oil, and 200 barrels of low-grade oil and costs $12,000 to operate. Each day, Refinery B produces 100 barrels of high-grade oil, 100 barrels of medium-grade oil, and 200 barrels of low-grade oil and costs $10,000 to operate. The company must produce at least 800 barrels of high-grade oil, 900 barrels of medium-grade oil, and 1,000 barrels of low-grade oil. What is the minimum cost to operate both refineries? Do not include a comma in your answer.

 

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