Repeat Problem 46 if it costs $300 per hour to operate the West Summit mine and $700 per hour to operate the North Ridge mine and all other data remain the same.
Problem 46
A mining company operates two mines, each producing three grades of ore. The West Summit mine can produce 2 tons of low-grade ore, 3 tons of medium-grade ore, and 1 ton of high-grade ore in one hour of operation. The North Ridge mine can produce 2 tons of low-grade ore, 1 ton of medium-grade ore, and 2 tons of high-grade ore in one hour of operation. To satisfy existing orders, the company needs to produce at least 100 tons of low-grade ore, 60 tons of medium-grade ore, and 80 tons of high-grade ore. The cost of operating each mine varies, depending on conditions while extracting the ore. If it costs $400 per hour to operate the West Summit mine and $600 per hour to operate the North Ridge mine, how many hours should each mine operate to supply the required amounts of ore and minimize the cost of production? What is the minimum production cost?
In Problem, construct a mathematical model in the form of a linear programming problem. Then solve the problem by applying the simplex method to the dual problem.