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steel company has two mills. Mill 1 costs $70,000 per day to operate, and it can produce 400 tons of high-grade steel, 500 tons of medium-grade steel, and 450 tons of low-grade steel each day. Mill 2 costs $60,000 per day to operate, and it can produce 350 tons of high-grade steel, 600 tons of medium grade steel, and 400 tons of low-grade steel each day. The company has orders totaling 100,000 tons of high-grade steel, 150,000 tons of medium-grade steel, and 124,500 tons of low-grade steel. How many days should the company run each mill to minimize its costs and still fill the orders? Please do fast ASAP fast

steel company has two mills. Mill 1 costs $70,000 per day to operate, and it can produce 400 tons of high-grade steel, 500 tons of medium-grade steel, and 450 tons of low-grade steel each day. Mill 2 costs $60,000 per day to operate, and it can produce 350 tons of high-grade steel, 600 tons of medium grade steel, and 400 tons of low-grade steel each day. The company has orders totaling 100,000 tons of high-grade steel, 150,000 tons of medium-grade steel, and 124,500 tons of low-grade steel. How many days should the company run each mill to minimize its costs and still fill the orders? Please do fast ASAP fast

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A steel company has two mills. Mill 1 costs $70,000 per day to operate, and it can produce 400 tons of high-grade steel, 500 tons of medium-grade steel, and 450 tons of low-grade steel each day. Mill 2 costs $60,000 per day to operate, and it can produce 350 tons of high-grade steel, 600 tons of medium grade steel, and 400 tons of low-grade steel each day. The company has orders totaling 100,000 tons of high-grade steel, 150,000 tons of medium-grade steel, and 124,500 tons of low-grade steel. How many days should the company run each mill to minimize its costs and still fill the orders? Please do fast ASAP fast
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