Question: Use Matlab to solve this problem using matrices and element by element operations. The following tables gives cost and production volume data for a manufacturing
Use Matlab to solve this problem using matrices and element by element operations.

The following tables gives cost and production volume data for a manufacturing process: Create an script M-File that allows the user to examine the effects of labor, materials, and transport costs on this manufacturing process. Your script M-file should do the following: a) Prompt the user for the labor cost values. b) Prompt the user for the materials cost values. c) Prompt the user for the transport cost values. d) Use the quarterly production volume information in the above table to compute the quarterly costs of: Materials, Labor, and Transportation. e) Compute and display the total quarterly costs. f) Compute and display the total Materials costs, Labor costs, and Transportation costs for the year
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