A multinational corporation does business in the United States, Canada, and England. Its branches in one country

Question:

A multinational corporation does business in the United States, Canada, and England. Its branches in one country purchase goods from the branches in other countries according to the matrix
Branch in: United States Canada England .02 .01 .03 United States Canada England .02 .01 Purchase from: .03 .01

where the entries in the matrix represent proportions of total sales by the respective branch. The external sales by each of the offices are $800,000,000 for the U.S. branch, $300,000,000 for the Canadian branch, and $1,400,000,000 for the English branch. At what level should each of the branches produce in order to satisfy the consumer demand?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

Question Posted: