which method is better and by how much

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
Section: Chapter Questions
Problem 63P: It costs a pharmaceutical company 75,000 to produce a 1000-pound batch of a drug. The average yield...
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The ore of a gold mine in the Mountain Province contains, on the average, 2 gram of gold per
ton. One method of processing cost ₱1,800.00 per ton and recovers 90% of the gold, while
another method cost only ₱1,400.00 per ton and recovers 85% of the gold. If the gold can be
sold at ₱8,000.00 per gram, which method is better and by how much?

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Cengage,