A new website allows consumers to purchase various automobiles via the internet and then take delivery at a local dealer. The following table shows the retail price of the cars on the website. Brand A Brand B 17, 000 23, 000 Compact 11, 000 19, 000 34, 000 Midsize Luxury 27, 000 Pickup 52, 000 50, 000 The dealers makes the following profit: On compact cars they make 12% On midsize cars they make 13% On luxury cars they make 10% On pickup trucks they make 19% In your notebook, create a matrix with all of the vehicle prices in it. Then demonstrate how matrix multiplication with the following profit percentage matrix (shown below) can be used to find the profit per vehicle. Find a matrix of profit per car. THL 0.12 0. 0.13 0.1 0. 0.19 The profit matrix is Reading from the profix matrix, how much profit does the dealer make if they sell 5 Brand B luxury cars?
A new website allows consumers to purchase various automobiles via the internet and then take delivery at a local dealer. The following table shows the retail price of the cars on the website. Brand A Brand B 17, 000 23, 000 Compact 11, 000 19, 000 34, 000 Midsize Luxury 27, 000 Pickup 52, 000 50, 000 The dealers makes the following profit: On compact cars they make 12% On midsize cars they make 13% On luxury cars they make 10% On pickup trucks they make 19% In your notebook, create a matrix with all of the vehicle prices in it. Then demonstrate how matrix multiplication with the following profit percentage matrix (shown below) can be used to find the profit per vehicle. Find a matrix of profit per car. THL 0.12 0. 0.13 0.1 0. 0.19 The profit matrix is Reading from the profix matrix, how much profit does the dealer make if they sell 5 Brand B luxury cars?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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Transcribed Image Text:A new website allows consumers to purchase various automobiles via the internet and then take delivery at
a local dealer. The following table shows the retail price of the cars on the website.
Brand A
Brand B
17,000 11, 000
23, 000
27, 000
52, 000
Compact
19, 000
34, 000
50, 000
Midsize
Luxury
Pickup
The dealers makes the following profit:
On compact cars they make 12%
On midsize cars they make 13%,
On luxury cars they make 10%
On pickup trucks they make 19 %
In your notebook, create a matrix with all of the vehicle prices in it. Then demonstrate how matrix
multiplication with the following profit percentage matrix (shown below) can be used to find the profit per
vehicle. Find a matrix of profit per car.
THE
0.12 0
0.13 0
0.
0.
0.1
0 0.19
The profit matrix is
Reading from the profix matrix, how much profit does the dealer make if they sell 5 Brand B luxury cars?
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