MJ Mining Company owns three mines and has three different types of ores that is mined. For each ore, the number of tons per day available from each mine and the minimum number of tons required to fill orders are given in the following table. Mine 1 Mine 2 Mine 3 Required tons Iron 20 35 15 1210 ORE TYPE Lead 15 25 460 Nickel 20 10 540 Daily Costs $6,600 $6,500 $6,000 Let zy, and z represent the number of days to run Mines 1, 2, and 3 respectively. Type the objective function and the left hand side of each constraint in the following answer boxes. Minimize Cost = subject to: > 1210 > 460 2 540

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.