Question: A small retail company offers, through two different stores in a city, three models: A, B, and C, of a particular brand of a camping

A small retail company offers, through two different stores in a city, three models: A, B, and C, of a particular brand of a camping stove. The inventory of each model on hand at each store is summarized in Matrix M. Wholesale (W) and retail (R) prices of each model are summarized in Matrix N. Find the product MN, label its columns and rows appropriately, and explain what each number means.

  1.  
     
    		 
    A
    		 
    B
    		 
    C
    		 
     
     
    M=
    		 
    2
    		 
    0
    		 
    1
    		 
    Store1
     
     
    		 
    3
    		 
    3
    		 
    0
    		 
    Store2

     

     

     
     
    		 
    W
    		 
    R
    		 
    Model
     
     
    		 
    $60
    		 
    $90
    		 
    A
     
    N =
    		 
    120
    		 
    150
    		 
    B
     
     
    		 
    40
    		 
    50
    		 
    C

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