To determine To calculate: The quantity of each commodity that should be produced. Explanation Given: Input-Output matrix, A = [ 0 1 3 1 5 0 ] and the demand matrix, D = [ 500 1000 ] . Here, the first row represents wheat and the second row represents oil. Formula used Production matrix, X X = ( I − A ) − 1 D A is Input-output matrix and D is demand matrix Calculation: First evaluate ( I − A ) as follows: I − A = [ 1 0 0 1 ] − [ 0 1 3 1 5 0 ] = [ 1 − 1 3 − 1 5 1 ] The inverse of the matrix ( I − A ) is found by Gauss Jordan method as follows: Augmented matrix is, [ 1 − 1 3 1 0 − 1 5 1 0 1 ] Proceed with the following row operations: R 2 → R 2 + 0

MyLab Math with Pearson eText -- Standalone Access Card -- for Mathematics with Applications in the Management, Natural, and Social Sciences (12th Edition)

12th Edition

ISBN: 9780134856551

Author: Margaret L. Lial, Thomas W. Hungerford, John P. Holcomb, Bernadette Mullins

Publisher: PEARSON

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Chapter 6.6, Problem 26E

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To calculate: The quantity of each commodity that should be produced.

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Chapter 6.6, Problem 25E

Chapter 6.6, Problem 28E

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MyLab Math with Pearson eText -- Standalone Access Card -- for Mathematics with Applications in the Management, Natural, and Social Sciences (12th Edition)

Ch. 6.1 - Checkpoint1 Use the substitution method tosolve...Ch. 6.1 - Checkpoint 2 Use the elimination method to solve...Ch. 6.1 - Checkpoint 3 Solve the system of equations . Draw...Ch. 6.1 - Checkpoint 4 Solve the following system: Ch. 6.1 - Checkpoint 5 Solve the system Draw the graph of...Ch. 6.1 - Prob. 6CP Ch. 6.1 - Prob. 1E Ch. 6.1 - Prob. 2E Ch. 6.1 - Use substitution to solve each system. (See...Ch. 6.1 - Use substitution to solve each system. (See...

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