4) A manufacturing unit produces three types of products: A, B, C; which he sells in...
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4) A manufacturing unit produces three types of products: A, B, C; which he sells in two markets. Annual sale volumes are indicated below: Market Product A B C I 4000 3000 2000 II 3000 2000 1000 (i) If unit sale of prices of A, B, C are Tk. 2.50 Tk.2.00 and Tk.1.50 respectively, (ii) If the unit costs of A, B, C are Tk. 2.00 Tk. 1.50 and Tk.1.00 respectively, then find the total revenue in each market and total profit of both the markets with the help of matrix algebra. [Ans: Total revenue in each market: Tk.19000, Tk.13000; And total profit of both markets: Tk.7500] 4) A manufacturing unit produces three types of products: A, B, C; which he sells in two markets. Annual sale volumes are indicated below: Market Product A B C I 4000 3000 2000 II 3000 2000 1000 (i) If unit sale of prices of A, B, C are Tk. 2.50 Tk.2.00 and Tk.1.50 respectively, (ii) If the unit costs of A, B, C are Tk. 2.00 Tk. 1.50 and Tk.1.00 respectively, then find the total revenue in each market and total profit of both the markets with the help of matrix algebra. [Ans: Total revenue in each market: Tk.19000, Tk.13000; And total profit of both markets: Tk.7500]
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Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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