Answer:
The Sureset Concrete Company
The tons of gravel and sand that should be purchased each day are:
Sand = 800 tons
Gravel = 700 tons
Step-by-step explanation:
Two ingredients for producing concrete = sand and gravel
Cost of sand per ton = $6
Cost of gravel per ton = $8
Sand and gravel = 75% of the concrete
Therefore 25% (100 - 75%) will be made up of cement and water
Tons of concrete produced each day = 2,000
Sand and gravel = 1,500 (2,000 * 75%)
Sand <= 40% of 2,000 = 800 tons
Gravel => 30% of 2,000 = 700 (1,500 - 800) tons
To minimize costs, 800 tons of gravel and 700 tons of sand should be purchased each day.
Total cost incurred daily for both sand and gravel = $10,400 (800 * $6 + 700 * $8)
