erth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $6,000/day to operate, and it yields 50 oz of gold and 3000 oz of silver each day. The Horseshoe Mine costs $8,000/day to operate, and it yields 75 oz of gold and 1000 oz of silver each day. Company management has set a target of at least 650 oz of gold and 18,000 oz of silver. How many days should each mine be operated so that the target can be met at a minimum cost to the company? Saddle Mine__?__ Days Horseshoe Mine__?__Days What is the minimum cost?_____
erth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $6,000/day to operate, and it yields 50 oz of gold and 3000 oz of silver each day. The Horseshoe Mine costs $8,000/day to operate, and it yields 75 oz of gold and 1000 oz of silver each day. Company management has set a target of at least 650 oz of gold and 18,000 oz of silver. How many days should each mine be operated so that the target can be met at a minimum cost to the company? Saddle Mine__?__ Days Horseshoe Mine__?__Days What is the minimum cost?_____
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter5: Systems Of Linear Equations
Section5.2: Solve Systems Of Equations By Substitution
Problem 5.47TI: Geraldine has been offered positions by two insurance companies. The first company pays a salary of...
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Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $6,000/day to operate, and it yields 50 oz of gold and 3000 oz of silver each day. The Horseshoe Mine costs $8,000/day to operate, and it yields 75 oz of gold and 1000 oz of silver each day. Company management has set a target of at least 650 oz of gold and 18,000 oz of silver. How many days should each mine be operated so that the target can be met at a minimum cost to the company?
Saddle Mine__?__ Days
Horseshoe Mine__?__Days
What is the minimum cost?_____
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