Concept explainers
(a)
To calculate:
The value of
(a)
Answer to Problem 46E
The
Explanation of Solution
Given information:
Cars production of per day:
Model K | Model R | Model W | ||
Auburn | ||||
Biloxi | =A | |||
Chattanooga |
The profit per car is tabulated by model in the following matrix.
January | February | ||
Model K | |||
Model R | =B | ||
Model W |
Calculation:
First calculate
(b)
To calculate:
The daily profit value in month of January from the Biloxi plant
(b)
Answer to Problem 46E
The daily profit in January from the Biloxi plant is
Explanation of Solution
Given information:
Cars production of per day:
Model K | Model R | Model W | ||
Auburn | ||||
Biloxi | =A | |||
Chattanooga |
The profit per car is tabulated by model in the following matrix.
January | February | ||
Model K | |||
Model R | =B | ||
Model W |
Calculation:
As having the
As having the above assuming all cars produced were sold, and then the daily profit in January from the plant is
(c)
To calculate:
The total daily profit in the month of February
(c)
Answer to Problem 46E
The total daily profit in February is
Explanation of Solution
Given information:
Cars production of per day:
Model K | Model R | Model W | ||
Auburn | ||||
Biloxi | =A | |||
Chattanooga |
The profit per car is tabulated by model in the following matrix.
January | February | ||
Model K | |||
Model R | =B | ||
Model W |
Calculation:
Total profit of January
Total profit of February
Chapter 10 Solutions
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