Same question that i have asked earlier but need to derive

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Reference no: EM13644205

Same question that I have asked earlier but need to derive the objective function and constraints and solved using Management Scientist Software.

A company excavates gold and silver from 2 different mines. Each hour that the company operates in Mine 1 produces 2 kg of gold and 2 kgs of silver. Each hour the company operates in Mine 2 produces 1 kg of gold and 3 kgs of silver. To reach break-even point, the company must produce at least 12 kg of gold and 18 kg of silver per day. Develop a formulation of Linear Programming by using Management Scientist Software to identify the minimum operational hours at each mine to reach their break even point.

Reference no: EM13644205

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