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 $13,000/day to operate, and it yields 45 oz of gold and 2,500 oz of silver each of a days. The Horseshoe Mine costs $17,000/day to operate, and dollars? it yields 75 oz of gold and 1,000 oz of silver each of y days. Company management has set a target of at least 500 oz of gold and 20,000 oz of silver. How many days should each mine be operated so that the target can be met at a minimum cost C in Minimize C subject to the constraints gold silver x 20 y 20 Submit Answer View Previous Question Question 4 of 14 View Next Question Home My Assignments Request Extension