Computing the Cost of Production The Acme Steel Company is a producer of stainless steel

Chapter 8, Problem 85

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Computing the Cost of Production The Acme Steel Company is a producer of stainless steel and aluminum containers. On a certain day, the following stainless steel containers were manufactured: 500 with 10-gallon (gal) capacity, 350 with 5-gal capacity, and 400 with 1-gal capacity. On the same day, the following aluminum containers were manufactured: 700 with 10-gal capacity, 500 with 5-gal capacity, and 850 with 1-gal capacity. (a) Find a 2 by 3 matrix representing these data. Find a 3 by 2 matrix to represent the same data. (b) If the amount of material used in the 10-gal containers is15 pounds (lb), the amount used in the 5-gal containers is8 lb, and the amount used in the 1-gal containers is 3 lb, finda 3 by 1 matrix representing the amount of material used.(c) Multiply the 2 by 3 matrix found in part (a) and the 3 by1 matrix found in part (b) to get a 2 by 1 matrix showingthe days usage of material.(d) If stainless steel costs Acme $0.10 lb and aluminum costs$0.05 lb, find a 1 by 2 matrix representing cost.(e) Multiply the matrices found in parts (c) and (d) todetermine the total cost of the days production.