Solve this problem using the simplex method. Super Speedy Bike Company makes 3-speed and 10-speed bicycles at two different factories. Factory X produces 16 3-speed and 20 10-speed bikes in one day while Factory Y produces 12 3-speed and 20 10-speed bikes daily. It costs $1000/day to operate Factory X and $800/day to operate Factory Y. An order for 80 3-speed bikes and 140 10-speed bikes has just arrived. How many days should each factory be operated in order to fill this order at a minimum cost? (Give your answers correct to two decimal places.) Factory X should be operated Factory Y should be operated days. days. What is the minimum cost? (Give your answer correct to the nearest dollar.)
Solve this problem using the simplex method. Super Speedy Bike Company makes 3-speed and 10-speed bicycles at two different factories. Factory X produces 16 3-speed and 20 10-speed bikes in one day while Factory Y produces 12 3-speed and 20 10-speed bikes daily. It costs $1000/day to operate Factory X and $800/day to operate Factory Y. An order for 80 3-speed bikes and 140 10-speed bikes has just arrived. How many days should each factory be operated in order to fill this order at a minimum cost? (Give your answers correct to two decimal places.) Factory X should be operated Factory Y should be operated days. days. What is the minimum cost? (Give your answer correct to the nearest dollar.)
Linear Algebra: A Modern Introduction
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ISBN:9781285463247
Author:David Poole
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Chapter2: Systems Of Linear Equations
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Problem 24EQ: Suppose the coal and steel industries form a closed economy. Every $1 produced by the coal industry...
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![Solve this problem using the simplex method.
Super Speedy Bike Company makes 3-speed and 10-speed bicycles at two different factories. Factory X produces 16 3-speed and 20 10-speed bikes in one day while Factory Y produces 12 3-speed and 20 10-speed bikes daily. It costs $1000/day to
operate Factory X and $800/day to operate Factory Y. An order for 80 3-speed bikes and 140 10-speed bikes has just arrived.
How many days should each factory be operated in order to fill this order at a minimum cost? (Give your answers correct to two decimal places.)
Factory X should be operated
days.
Factory Y should be operated
days.
What is the minimum cost? (Give your answer correct to the nearest dollar.)
2$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8bb71ca3-7ff1-4f36-b56d-09f80b47dd56%2Fa2f138ac-9f49-4eb7-a7c5-2f629a76a6e5%2Fgsny0si_processed.png&w=3840&q=75)
Transcribed Image Text:Solve this problem using the simplex method.
Super Speedy Bike Company makes 3-speed and 10-speed bicycles at two different factories. Factory X produces 16 3-speed and 20 10-speed bikes in one day while Factory Y produces 12 3-speed and 20 10-speed bikes daily. It costs $1000/day to
operate Factory X and $800/day to operate Factory Y. An order for 80 3-speed bikes and 140 10-speed bikes has just arrived.
How many days should each factory be operated in order to fill this order at a minimum cost? (Give your answers correct to two decimal places.)
Factory X should be operated
days.
Factory Y should be operated
days.
What is the minimum cost? (Give your answer correct to the nearest dollar.)
2$
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