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A company manufactures three products each of which requires certain amounts of three raw materials as well as labour. The matrix R summarizes the requirements
A company manufactures three products each of which requires certain amounts of three raw materials as well as labour. The matrix R summarizes the requirements per unit of each product.
Raw material Labour Product
&&& @&&& @&&& A@B@C
Raw material requirements are stated in pound per unit and labour requirements in hours per unit. The raw materials costs $ $ and $ respectively. Labour costs are $ per hour. Assume and units of product A B C are to be produced.
Required
Perform matrix multiplication where compute total quantities of the four resources required to produce the desired quantity of products A B and C
Using your answer from part a perform a matrix multiplication which calculates the combined total cost of production.
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