The annual budget of the Magnum Company has the following expenses, in thousands of dollars, for selected

Question:

The annual budget of the Magnum Company has the following expenses, in thousands of dollars, for selected departments.

Mfg. Office Sales Shp. Act. Mgt. Supplies 0.7 8.5 10.2 1.1 5.6 3.6 Phone 0.5 0.2 6.1 1.3 0.2 1.0 Transp. 2.2 0.4 8.8 1.2

(a) Write a matrix B for these budget amounts.
(b) Write a matrix A so that BA would contain new budget figures that reflect an 11% increase in manufacturing, sales, and shipping, and a 5% decrease in the other departments?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 04:57 AM

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The annual budget of the Magnum Company has the following expenses, in thousands of dollars, for selected

Question:

Mfg. Office Sales Shp. Act. Mgt. Supplies 0.7 8.5 10.2 1.1 5.6 3.6 Phone 0.5 0.2 6.1 1.3 0.2 1.0 Transp. 2.2 0.4 8.8 1.2 1.2 4.8 Salaries 251.8 81.6 63.4 35.2 54.3 144.2 Utilities 30.0 1.0 1.0 1.0 1.0 1.0 Materials 788.9 Mfg. = Manufacturing; Shp. = Shipping; Act. = Accounting; Mgt. = Management

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a b B 07 85 102 11 56 36 ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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