SOLUTION: A manufacturer purchases a key component used in the production of their product from two different suppliers. (They want to keep their flexibility by maintaining a relationship wi

Question 279501: A manufacturer purchases a key component used in the production of their product from two different suppliers. (They want to keep their flexibility by maintaining a relationship with both suppliers.) The cost for this key component from supplier A is $5.25 per unit. From supplier B, the component cost is $4.80 per unit. The manufacturer needs 7500 units and has $37,350 available to make the purchase.
A. Set up a system of equations to describe this situation.
B. Solve the system of equations to find the solution.
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
x+y=7500
5.25x+4.80y=37350
x=3000 y=4500

RELATED QUESTIONS
. A manufacturer purchases a key component used in the production of their product from... (answered by HeyEv)

A manufacturer maintains a supply of a key part used in the production of their product... (answered by jainenderkapoor)

A manufacturer maintains a supply of a key part used in the production of their product... (answered by funmath)

Set up a system of equations to describe this situation. Solve the system of solutions... (answered by rcmcc)

A consumer has placed two orders for a new product from two different suppliers X and Y.... (answered by edjones)

The Lotte Valentin Inc., a lead denim manufacturer in San Diego, California, has... (answered by ikleyn)

Question : Read the following (hypothetical case and answer the questions listed below)... (answered by ikleyn)

A coffee company purchases mixed lots of coffee beans and then grades them into... (answered by ikleyn)

Read the following hypothetical case and answer the questions below. The Indiana Inc. a... (answered by parmen)