Final answer:
To minimize the cost of material for the project, we need to set up a system of equations based on the given information and constraints. Solving this system will give us the optimal solution. The optimal solution is to take 93,333 m3 of material from Bloomingdale and 6,667 m3 of material from Valley Springs.
Step-by-step explanation:
To determine the amount of material that should be taken from each pit in order to minimize the cost, we need to set up a system of equations based on the given information and constraints. Let's assume that x is the volume of material (in cubic meters) taken from the Bloomingdale Pit and y is the volume of material (in cubic meters) taken from the Valley Springs Pit.
According to the contract specifications, the mixed material should contain a minimum of 30% sand. This means that the amount of sand in the mix should be at least 30% of the total volume. We can express this constraint as:
0.25x + 0.5y >= 0.3 * (x + y)
We also know that the total volume of mixed material needed is 100,000 m3, so:
x + y = 100,000
We can now solve these equations to find the values of x and y that minimize the cost.
Since the cost of material from Bloomingdale is $5 per unit volume, the cost of material from Bloomingdale is 5x. Likewise, the cost of material from Valley Springs is $7 per unit volume, so the cost of material from Valley Springs is 7y. The total cost can be expressed as:
Total Cost = 5x + 7y
To minimize the cost, we can use the method of substitution to solve the system of equations. First, solve the second equation for x:
x = 100,000 - y
Substitute this value of x into the first equation:
0.25(100,000 - y) + 0.5y >= 0.3 * (100,000)
Solve this inequality for y:
25,000 - 0.25y + 0.5y >= 30,000
0.25y + 0.5y <= 30,000 - 25,000
0.75y <= 5,000
y <= 6,667
Since y represents the volume of material from Valley Springs, it must be less than or equal to 6,667 m3. Substitute this value of y back into the second equation to find x:
x = 100,000 - 6,667
x = 93,333
So, the optimal solution is to take 93,333 m3 of material from Bloomingdale and 6,667 m3 of material from Valley Springs to minimize the cost of material for the project.