maximize The Saddle Mine costs $14,000/day to operate, and it vields 50 oz of gold and 3000 oz of silver each day The Horseshoe Mine costs $16,000/day to operate, and it yjelde 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?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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maximize
The Saddle Mine costs $14,000/day to operate, and it
vields 50 oz of gold and 3000 oz of silver each day The
Horseshoe Mine costs $16,000/day to operate, and it vield.
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?
Transcribed Image Text:maximize The Saddle Mine costs $14,000/day to operate, and it vields 50 oz of gold and 3000 oz of silver each day The Horseshoe Mine costs $16,000/day to operate, and it vield. 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?
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