**Problem Statement:**Find the production schedule for the technology matrix and demand vector given below:**Technology Matrix (A):**\[A = \begin{bmatrix}0.1 & 0.1 & 0 \\0.2 & 0 & 0 \\0.1 & 0.1 & 0 \\\end{bmatrix}\]**Demand Vector (D):**\[D = \begin{bmatrix}3 \\9 \\8 \\\end{bmatrix}\]**Production Vector (X):**\[X = \begin{bmatrix}- \\- \\- \\\end{bmatrix}\]**Explanation:**This problem requires you to find the production schedule that satisfies a given technology matrix $A$ and a demand vector $D$. The unknown production vector $X$ must be determined.

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Answered: Find the production schedule for the…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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The chief economist for Argus Corporation, a large appliance manufacturer, estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form AVC = a + bQ + cQ2 where AVC = dollars per vacuum cleaner and Q = number of vacuum cleaners produced each month. Total fixed cost each month is $180,000. The following results were obtained: DEPENDENT VARIABLE: AVC R-SQUARE F-RATIO P-VALUE ON F OBSERVATIONS: 19 0.7360 39.428 0.0001 VARIABLE PARAMETER ESTIMATE STANDARD ERROR T-RATIO P-VALUE INTERCEPT 191.93 54.65 3.512 0.0029 Q -0.0305 0.00789 23.866 0.0014 Q2 0.0000024 0.00000098 2.449 0.0262 c) If Argus Corporation produces 8,000 vacuum cleaners per month, what is the estimated average variable cost?
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Find the production schedule for the technology matrix and demand vector given below: 0.1 0.1 3 A = 0.2 D =| 9 0.1 0.1 X =