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Determine the optimum mix of the scraps that should be used in producing 1000 tons of the alloys.

Determine the optimum mix of the scraps that should be used in producing 1000 tons of the alloys.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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An industrial recycling center uses two scrap aluminum metals, A and B, to produce a special alloy. Scrap A contains 6% aluminum, 3% silicon and 4% carbon. Scrap B has 3% aluminum, 6% silicon and 3% carbon. The costs per ton for scraps A and B are $100 and $80, respectively. The specifications of the special alloy require that (1) the aluminum content must be at least 3% and at most 6%, (2) the silicon content must lie between 3% and 5%, and (3) the carbon content must lie between 3% and 7%. Determine the optimum mix of the scraps that should be used in producing 1000 tons of the alloys.

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