The following technology matrix for a simple economy describes the relationship of certain industries to each other in the production of 1 unit of product.AMFU0.04 Agriculture0.33 Manufacturing0.41 Fuels0.360.030.100.060.420.250.180.150.100.100.310.15 Utilities0.20(a) For each 120 units of manufactured products produced, how many units of fuels are required?units(b) How many units of utilities are required to produce 70 units of agricultural products?units

(a) Observe from the given technology matrix that for 1 unit of manufactured product 0.25 units of…

Answered: The following technology matrix for a…

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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• Part 1 Rework problem 8 in section 1 of Chapter 7 of your textbook, about the office furniture manufacturer, using the following data. Assume that each filing cabinets requires 55 pounds of steel and 3.5 hours of labor, and that each desk requires 70 pounds of steel and 2.5 hours of labor. Assume also that the manufacturer has available 144 tons of steel and 1400 hours of labor. Assume also that the profit on each desk is $40.00 and the profit on each filing cabinet is $33.00. How many filing cabinets and desks should the manufacturer produce in order maximize its profit? When you formulate a linear programming problem to solve this problem, how many variables, how many constraints (both implicit and explicit), and how many objective functions should you have? Number of variables: 2 Number of constraints: 4 Number of objective functions: 1 • Part 2 • Part 3 Formulate the linear programming problem for this situation. (Enter either the word Maximize or the word Minimize in the first…
Question 2 The imports of a company were as follows: Price per unit (in Pula) Number of units Product 2012 2022 2012 2022 A 5.00 12.00 2500 2800 B 6.50 14.50 5000 4950 C 10.00 16.00 3500 4300 Use 2012 as base year to calculate: The price index of Laspeyeres. The price index of Paasche. The quantity index of Laspeyeres. The quantity index of Paasche. Hence find the Fishers Price and Fishers Quantity Indexes.
Suppose that a furniture manufacturer makes chairs, sofas, and tables. Consider the following chart of labor hours required and available. Chair Sofa Table Daily labor available (labor- hours) 3 8 =III 1 2 6 0 The profit per chair is $50, per sofa $40, and per table $80. How many pieces of each type of furniture should be manufactured each day to maximize the profit? Carpentry Finishing Upholstery 6 1 2 720 144 228
LO %24 A factory manufactures three products, A, B, and C. Each product a certain number of hours of assembly and painting. There are 7,230 total hours of assembly and 8,710 total hours of painting available. The time requirements and profit per unit for each product are listed below. Assembly Painting Profit (hours) Product (hours) ($) $10 A. 8. $13 8. 13 8. $18 C. How many units of each product should be manufactured to maximize profit, and what is the maximum profit? Set up the objective function and constraints for the linear programming problem. You do not need to solve the problem. Upload your work here: Choose File No file chosen Submit Question OType here to search ■ #直 2) a. 米 tab caps lock alt
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Australia Economy Two sectors of the Australian economy are (1) textiles and (2) clothing and footwear. Suppose the 1977 input-output table involving these two sectors results in the following value for (I – A)¯1. 1.235 0.197 (I – A)-1 = 0.002 1.1697 Complete the following sentences. (a) additional dollars worth of clothing and footwear must be produced to meet a $1 increase in the demand for textiles. (b) 0.197 additional dollars worth of ---Select--- O must be produced to meet a $1 increase in the demand for ---Select---
QUESTION 1 Table Q1 shows the revenue of XYZ Company from radio advertisement in 2021. a) Produce the best fit equation relationship between revenue vs advertisement. b) Plot data on a graph paper and draw a best linear fit revenue vs advertisement. c) Determine the linearity uncertainty/error eL(x) and eL(x)max. d) Determine percentage of maximum linearity uncertainty/error %eL(x)max.
> A Moving to another question will save this response. Question 3 The input-output table for a two-sector economy is given as follows: Input to Sector input to Sector Final Demand Total output Output from Sector X 600 400 200 Output from Sector Y 600 200 Value Added Total Input Total Output for sector X = 1200 Total Output for sector X= 1000 Total Output for sector X = 200 Total Output for sector X= 1220
Year Governmenttax revenues(billions of dollars) Governmentexpenditures(billions of dollars) 1 240 240 2 250 245 3 260 255 4 300 320 5 325 340 What is the amount of the surplus or deficit incurred in year 1 by the government shown in the above table? Group of answer choices $0 $25 billion deficit $25 billion surplus $240 billion surplus
An entrepreneur who owns and operates two businesses (A and B) would like to analyze their profitability. They would like your help in the analysis. They give you the annual net profit (in thousands of $) for each business from 2008-2020. Table 1: Annual Net Profits for Businesses A and B Business Year Profit Business Year Profit 2008 -50 2008 -10 2009 57 2009 30 2010 71 2010 27 2011 64 2011 22 2012 60 2012 21 2013 50 2013 20 A 2014 41 2014 24 2015 59 2015 24 2016 71 2016 32 2017 71 2017 36 2018 74 2018 37 019 81 20 40 2020 97 2020 49 a. Suppose you want to graph the distribution of profits. Explain why using only one stem- plot might not be optimal for the analysis. b. Describe the correct stemplot to use. Generate this stemplot. Explain your steps. What can you say about the distribution from this stemplot? c. When are stemplots useful? And why is that? d. Suppose that instead of having 26 observations you have 200 observations. What graph should you generate? e. What other type of…
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