Math Problem Statement
A company with manufacturing plants located in State A and State B has labor-hour and wage requirements for the manufacture of three types of inflatable boats as given in the two matrices below. Complete parts (A) through (D). Hourly Wages Labor-Hours Per Boat State A State B Cutting Dept Assembly Dept Packaging Dept 17.56 17.69 Cutting Dept 0.5 0.4 0.2 1-person boat Nequals 14.22 14.52 Assembly Dept Mequals 1.4 0.9 0.6 2-person boat 9.57 11.42 Packaging Dept 1.7 1.6 0.7 4-person boat Question content area bottom Part 1 (A) Find the labor costs for a one-person boat manufactured at the State A plant.
Solution
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Matrix Multiplication
Cost Calculation
Labor-Hour and Wage Analysis
Formulas
Total Labor Cost = (Labor Hours in Dept 1 * Hourly Wage in Dept 1) + (Labor Hours in Dept 2 * Hourly Wage in Dept 2) + ...
Labor Costs for Each Department = Labor Hours * Hourly Wage
Theorems
-
Suitable Grade Level
College Level (Applied Mathematics, Economics, Operations Management)
Related Recommendation
Optimizing Furniture Production Costs: Math Problems Solved
Calculate Maximum Capital Needed for Optimal Productivity in Clothing Production
Solving Linear Independence and Material Quantities for Furniture Production
Optimizing Aquarium Dimensions to Minimize Material Cost
Minimization of Cost Using Lagrange Multipliers for a Production Function