Question
IT'S MY DREAM is a company that produces skin care that is well known everywhere. There are 3 types of well-known products, namely Day Cream
IT'S MY DREAM is a company that produces skin care that is well known everywhere. There are 3 types of well-known products, namely Day Cream (DC), Night Cream (NC) and Glow Serum (GS). It can be seen that the production process must go through 3 main stages, namely: Mixing (M), Pot/Bottle Filling (F) and Packaging (P). In producing each type of product requires costs (per unit) at each stage of the production process. Production costs for each type of product at each stage of production are as follows: Day Cream costs: $2 (M), $4.5 (F), $2 (P); Night Cream costs: $3 (M), $2.5 (F), $5 (P) and Glow Serum costs: $5(M), $2.5(F), $3 (P). In addition, the management has made a policy regarding the allocation of production costs for each stage of the production process, namely at the Mixing stage (39%), Pot/Bottle Filling (27%), Packaging (34%) of the total cost of $XX*200. a. Formulate the information given above in the form of a system of linear and matrix equations B. Using the Cramer's Rule Method, determine how many units the company can produce for each type of skin care product by considering the allocation of existing production costs. C. Which type of skin care product has the least amount of production? Give your explanation.
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