Formulate but do not solve the following exercise as a linear programming problem. Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $14,500/day to operate, and it yields 60 oz of gold and 2500 oz of silver each of x days. The Horseshoe Mine costs $16,000/day to operate, and it yields 80 oz of gold and 1200 oz of silver each of y days. Company management has set a target of at least 520 oz of gold and 11,000 oz of silver. How many days should each mine be operated so that the target can be met at a minimum cost, C? Minimize C= subject to the constraints gold silver x 20 y 20 Need Help? Read It Formulate but do not solve the following exercise as a linear programming problem. Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $14,500/day to operate, and it yields 60 oz of gold and 2500 oz of silver each of x days. The Horseshoe Mine costs $16,000/day to operate, and it yields 80 oz of gold and 1200 oz of silver each of y days. Company management has set a target of at least 520 oz of gold and 11,000 oz of silver. How many days should each mine be operated so that the target can be met at a minimum cost, C? Minimize C= subject to the constraints gold silver x 20 y 20 Need Help? Read It