Question: Problem 1 . ABC Refining extracts minerals from ore mined at two different sites ( Site 1 and Site 2 ) . Ore mined from

Problem 1. ABC Refining extracts minerals from ore mined at two different sites (Site 1 and Site 2).
Ore mined from Site 1 costs $95 per ton, while ore from Site 2 costs $125 per ton to mine.
Each ton of ore from Site 1 contains 17%(.17) copper, 21%(.21) zinc, and 14%(.14) magnesium.
Each ton of ore from Site 2 contains 29%(.29) copper, 24%(.24) zinc, and 11%(.11) magnesium.
ABC Refining needs enough ore to extract at least 9 tons of copper, at least 6.5 tons of zinc, and at least 5.5 tons of magnesium to fulfill their contracts. They would like to do so in a way that minimizes their total cost. How much ore do they need to mine from each of the 2 sites?
a. What are your decision variables (Xs), list them? What do they stand for (units)?
b. Write down your objective function and constraints below, include brief descriptions/explanations on the right.
Delete or add rows as needed. Dont forget the nonnegativity constraint.
s.t.(subject to the following constraints)
c. What is the solution (use Excel Solver to solve the problem)? What does each variable (x) and the objective function equal to?
d. Managerial interpretation. What does your solution, above, mean in plain English? (See the problem/question this problem seeks to answer.)

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