A company with manufacturing plants located in Massachusetts and Virginia has labor-hour and wage requirements for the
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Question:
A company with manufacturing plants located in Massachusetts and Virginia has labor-hour and wage requirements for the manufacture of three inflatable boats as given in the following two tables:
Let matrix L represent labor hours per boat and matrix W represent hourly wages.
a. Which product is undefined, L*W or W*L?
b. Find the product of the one that is defined.
c. Use your results from part b to find the labor costs of a one person boat manufactured in Massachusetts.
d. Label the rows and columns of the matrix in part b.
Related Book For
Quantitative Methods for Business
ISBN: 978-0324651751
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam
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