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):