The ore of a gold mine in the Itogon Benguet, on the average, 1Kgram of gold per 10 ton. One method of processing costs P100, 500 per ton and recovers 85% of the gold, while another method costs P200,000 per ton and recovers 90% of the gold. If gold can be solid at P2, 500 per gram, which method is better and by how much?

The ore of a gold mine in the Itogon Benguet, on the average, 1Kgram of gold per 10 ton. One method of processing costs P100, 500 per ton and recovers 85% of the gold, while another method costs P200,000 per ton and recovers 90% of the gold. If gold can be solid at P2, 500 per gram, which method is better and by how much?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter4: Linear Programming Models

Section4.8: Data Envelopment Analysis (dea)

Problem 41P

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