A firm produces by means of two raw materials R1 and R2 three intermediate products S1, S2
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Question:
Solve the following problems by means of matrix operations.
(a) How many raw materials are required when 1,000 units of F1 and 2,000 units of F2 have to be produced?
(b) The costs for one unit of raw material are 3 EUR for R1 and 5 EUR for R2. Calculate the costs for intermediate and final products.
Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
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