Question

A manufacturer purchases a key component used in the production of their product from two different suppliers

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 to 7500 units and has $37,350 available to make the purchases. Set up a system of equations to describe this situation. Solve the system of equations to find the solution. (5 points)

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