Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $13,000/day to operate, and it yields 50 oz of gold and 3000 oz of silver each of x day. The Horseshoe Mine costs $15,000/day to operate, and it yields 75 oz of gold and 1000 oz of silver each of y day.

Name: Perth Mining Company operates two mines for the purpose of extracting
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Description: Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $13,000/day to operate, and it yields 50 oz of gold and 3000 oz of silver each of x day. The Horseshoe Mine costs $15,000/day to operate, and

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter1: Equations, Inequalities, And Mathematical Modeling

Section: Chapter Questions

Problem 22T: On the first part of a 350-kilometer trip, a salesperson travels 2 hours and 15 minutes at an...

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Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $13,000/day to operate, and it yields 50 oz of gold and 3000 oz of silver each of x day. The Horseshoe Mine costs $15,000/day to operate, and it yields 75 oz of gold and 1000 oz of silver each of y 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?

(x, y)

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