Question: I need help with both problem please , list the steps . Perth Mining Company operates two mines for the purpose of extracting gold and
Perth Mining Company operates two mines for the purpose of extracting gold and silver. The Saddle Mine costs $16,000/day to operate, and it yields 50 oz of gold and 3000 oz of silver each of x day. The Horseshoe Mine costs $17,000/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) =( What is the minimum cost? $ National Business Machines manufactures x model A fax machines and y model B fax machines. Each model A costs $100 to make, and each model B costs $150. The profits are $40 for each model A and $45 for each model B fax machine. If the total number of fax machines demanded per month does not exceed 2500 and the company has earmarked no more than $600,000/month for manufacturing costs, how many units of each model should National make each month to maximize its monthly profit? (x,y) - What is the optimal profit
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