Q. 85

Question

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 is 15 pounds (lb), the amount used in the 5-gal containers is 8 lb, and the amount used in the 1-gal containers is 3 lb, find a 3 by 1 matrix representing the amount of material used.

(c) Multiply the 2 by 3 matrix found in part (a) and the 3 by 1 matrix found in part (b) to get a 2 by 1 matrix showing the day’s 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) to determine the total cost of the day’s production.

Step-by-Step Solution

Verified
Answer

(a)  A 2 by 3 matrix =500350400700500850

      A 3 by 2 matrix =500700350500400850

(b) A 3 by 1 matrix =1583

(c) The 2 by 1 matrix 1150017050 

(d) The 1 by 2 matrix 0.100.05

(e)  The total cost of the day's production is $2002.5

1Step 1. Given information

On certain day 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 aluminum containers were manufactured: 700 with 10-gal capacity, 500 with 5-gal capacity, and 850 with 1-gal capacity. 

2Step 2. (a) Find a 2 by 3 matrix representing these data. Find a 3 by 2 matrix to represent the same data.

The table represents the given data

 Containers(stainless steel) 500 350 400
Containers(aluminium) 700 500 850
 Capacity 10 5 1

A 2 by 3 matrix formed from this data will be 500350400700500850

A 3 by 2 matrix representing the same data will be 500700350500400850

3Step 3. (b) If the amount of material used in the 10-gal containers is 15 pounds (lb), the amount used in the 5-gal containers is 8 lb, and the amount used in the 1-gal containers is 3 lb, find a 3 by 1 matrix representing the amount of material used.

The table represents the amount of material used for each container

  Amount of material used 15 8 3
 Capacity 10 5 1

A 3 by 1 matrix formed from this  data will be 1583

4Step 4. (c) Multiply the 2 by 3 matrix found in part (a) and the 3 by 1 matrix found in part (b) to get a 2 by 1 matrix showing the day’s usage of material.

For finding the day's ge of materials,multiplay the two matrices 1583 and 500350400700500850

5003504007005008501583=500x15+350x8+400x3700x15+500x8+850x3   2x3                 3x1                2x1                                 =11,50017,050

The 1 by 2 matrix representing the cost per pound for the material used is 0.100.05

5Step 5. (d) If stainless steel costs Acme $0.10 lb and aluminum costs $0.05 lb, find a 1 by 2 matrix representing cost.

The table represents the cost per pound for the material used

   Cost per pound 0.10              0.05

The 1 by 2 matrix representing the cost per pound for the material used is 0.100.05

6step 6. (e) Multiply the matrices found in parts (c) and (d) to determine the total cost of the day’s production.

For finding the total cost of the day's production,multiplay the matrices 1150017050 and 0.100.05

11500170500.100.05=11500(0.10)+17050(0.05)                                =1150+852.5                                =2002.5

Therefore,the total cost of the day's production is $2002.5