9. Suppose that three industries are interrelated so that their outputs are used as inputs bythemselves, according to the 3 x 3 consumption matrix A below, where ajk is the fraction of theoutput of industry k consumed (purchased) by industry j. Let p; be the price charged by industry jfor its total output. Your mission is to find nonnegative prices p = [p1, p2 , p3] so that for eachindustry, total expenditures equal total income. Show the details of your work.0.10.4P1A = [a] = 0.8 00.7P= P20.10.60.3P3

Answered: 9. Suppose that three industries are…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

A chemical manufacturing plant can produce z units of chemical Z given p units of chemical P and r units of chemical R, where: Chemical P costs $100 a unit and chemical R costs $400 a unit. The company wants to produce as many units of chemical Z as possible with a total budget of $80,000. 2= 100p0.8.0.2 A) How many units each chemical (P and R) should be "purchased" to maximize production of chemical Z subject to the budgetary constraint? Units of chemical P, p = Units of chemical R, r = B) What is the maximum number of units of chemical Z under the given budgetary conditions? (Round your answer to the nearest whole unit.) Max production, z= units
3. Yunha's demand for pineapples is: Qy = 15 – 5P Sydney's demand for pineapples is: Qs = 20 – 2P where Qy is the quantity demanded by Yunha, Qs is the quantity demanded by Sydney, and P is the price. Suppose these are the only two consumers of pineapples in the market. a) Graph Yunha's and Sydney's demand for pineapples. b) |Derive the equations for the market demand for pineapples (Hint: There is a kink, so there are two equations!). c) TOn the same graph as part (a), graph the market demand "curve" for pineapples.
f. A drapper is required to supply two types of shirts type A and type B. The total number of shirts must not be more than 400. He has to supply more of type A than type B. However, the number of type A must not be more than 300 and the number of type B shirts must not be less than 80. Let x be the number of type A shirts and y be the number of type B shirts. If the profits were as follows: Type A Ksh 600 per shirt Type B Ksh 400 per shirt. Formulate a Linear Optimization Model, hence use the graphical method to determine the number of shirts of each type that should be made to maximize the profit.
(b) Let xij be the amount shipped from source i to destination j in a 5X5 transportation problem, and let Cij be the corresponding transportation cost per unit. The amounts of supply at sources 1,2,3,4 and 5 are 210, 150,250,190 and 150 units respectively and the demands at destinations 1,2,3,4 and 5 are 205, 220,180,180 and 165 units respectively. The cost of shipping from source 1 to destinations 1,2,3,4 and 5 are 29, 28, 31, 27 and 32 respectively. The cost of shipping from source 2 to destinations 1,2,3,4 and 5 are 26, 27, 30, 37 and 31 respectively. The cost of shipping from source 3 to destinations 1,2,3,4 and 5 are 32, 38, 29, 27 and 35 respectively. The cost of shipping from source 4 to destinations 1,2,3,4 and 5 are 33, 39, 27, 29 and 33 respectively. The cost of shipping from source 5 to destinations 1,2,3,4 and 5 are 35,31, 34, 23 and 35 respectively. (i)Find the associated optimal cost. (ii)Determine each non basic variable.
6) The following data is available for a simple hedonic home price model. Lot size and house size are continuous variables. For example, for every 100 square feet in house size, the value of the home increases by $150x100=15,000. Regarding proximity to a hospital, any home within 3 miles of a hospital is worth an additional $10,000 premium. Beyond 3 miles, there is no premium. What is the value of a 2,000 square foot home on a 5,000 square foot lot 2 miles from the hospital? Coefficient Value Description Lot size in Sq Ft House in Sq Ft Within 3 Miles of Hospital 60 150 10,000
Q2. Pharmaceutical company producing a single product sold it through five agencies situated in different cities. All of sudden there rouse a demand for the product in another five cities that didn't agency of the company. The company is now facing the problem of deciding on how to assign the existing agencies in order to dispatch the product to needy cities in such a way that the travelling distance is minimized. The distance between the surplus and deficit cities in kilometer is given the following table. Surplus city Deficit cities Deficit cites a b d. e A1 160 130 115 190 200 B1 135 120 130 160 175 C1 140 110 125 170 185 D1 50 50 80 80 110 E1 55 35 80 80 105 Determine the optimum assignment schedule.
A chemical manufacturing plant can produce z units of chemical Z given p units of chemical P and r units of chemical R, where: z = 100p-75,0.25 Chemical P costs $100 a unit and chemical R costs $700 a unit. The company wants to produce as many units of chemical Z as possible with a total budget of $112,000. A) How many units each chemical (P and R) should be "purchased" to maximize production of chemical Z subject to the budgetary constraint? Units of chemical P, p = Units of chemical R, r = B) What is the maximum number of units of chemical Z under the given budgetary conditions? (Round your answer to the nearest whole unit.) Max production, z= units

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS