Q

F1 F2 F3
Tablet A 30 40 15 F1
Tablet B 20 5 5 F2
Tablet C 3 4 10 F3

C
40
50
35 -5525
Q*C
3725 3725
1225
670
 QT
Tablet A Tablet B Tablet C
30 20 3
40 5 4
15 5 10

QT*C
2305 2305
1990
1200

QT*C has economic sense since you get

the total costs of each factory because
you multiply each tablet with its cost
 3 Multiplying the coef. Array times its inverse = identity Matrix

coef. X coef -1 #NAME? #NAME? #NAME?

#NAME? #NAME? #NAME?
#NAME? #NAME? #NAME?
4
to get the x y and z values, determinants of X, Y, Z have to be calculated. Then deviding those by the determinant of
 C
2 1 1
6 5 -3
4 -1 3

|C|= -32

C-1
-0.375 0.125
0.9375 -0.0625
0.8125 -0.1875

12 1
x 6 5
5 -1

2 12
ding those by the determinant of the coefficient Matrix y 6 6
4 5

2 1
z 6 5
4 -1
 A B
x 12
* y = 6
z 5

C-1 B A
0.25 12 -2.5
-0.375 * 6 = 9
-0.125 5 8

determinants A
1
-3 80 -2.5
3

1
-3 -288 9
3

12
6 -256 8
5
Q
QL
QK
24L2+6K2
48L MRTS=
12K
 L K Q
8.71779378 26 5879.99828

6869.99828
K constant
5880 -288

5592

2 units have to be added

48L MRTS =
12K
-1.341199043

L K Q
8.71779378 26 5879.99828

K constant
5880 360

Variation 1.72 -> 2

QL Qk
418.454102 312

L constant
989.998282

-1.34119904
 QL QK
418.454102 312

L constant
342

*
L(x,y,^) = 2xy+3x (90-x-2y)
Law of dminishing returns

L(x,y,λ)= 2xy+3x+λ(95-x-2y)
L(x,y,λ)= 2xy+3x+λ(95-x-2y)
U = 2xy + 3x

x+2y = 95
X 49 λ
Y 23

TARGET 2401

constraint 95 = 95
x 49 λ 1
y 23

target 2401

constraint 95 = 95
12
5
2
1
1
0
L(x,y,λ)= 2xy+3x+λ(94-x-2y)
U = 2xy + 3x
x 48.5
x+2y = 94 y 22.75

target 2352.25

constraint 94 = 94

L(x,y,λ)= 2xy+3x+λ(95-x-2y)
U = 2xy + 3x

x 48.50 λ 49
y 22.75

target 2352.25
constraint 94 = 94
 welding finishing administration
gate x 6 2 1
gate y 2 1 1
gate z 3 1 1.5
maximum hours 840 300 250
hours used 840 280 250

constraints

number of gates integrer

K9 <= K8
L9<=L8
M8<= M9
gate z number <= 20
profit number of gates
55 85
25 0
60 110

total profit 11275

nrew profit 8750

 HOURS USED
welding finishing administration profit/u
gate x 6 2 1 55
gate y 2 1 1 25
gate z 3 1 1.5 60
maximum hrs 840 300 250
hours used 840 280 250

TOTAL PROFI
* NEW PROFIT=
1. Target: maximize total profit
2. Changing variables: Nº of gates
3. Constraints:
K9<=K8
L9<=L8
M9<=M8
O7<=20 (constraint only used for part 3)*
Nº of gates
85
0
110

11275
8750
dq1/dy 0.6 --> income elasticity 0.17
Q1 = 1200-20P1 +2P2^2+0.6Y
Y/q1 0.28340081

Q1 2470

q1(Y=770) 2512

0.01700405 --> 1.7%

new-old/old

dQ1/dY 0.6 eY= 0.17004049 -> 0.17

Y/Q1 0.28340081
Q1 2470
Q1 (Y=770) 2512

Change of demand = (2512-2470)/2470 = 0.01700405 -> 1.7%