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Worksheet For The Course Mathematics For Management 2

The document outlines various mathematical problems related to production and market analysis, including linear equations for product manufacturing, candy packing, consumer purchasing patterns, and optimization of profits in manufacturing. It includes tasks such as formulating problems, solving them using methods like Gaussian and Inverse, and interpreting results. Additionally, it discusses transition matrices for consumer behavior and constraints for maximizing production profit in different scenarios.

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leloahmed387
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0% found this document useful (0 votes)
19 views3 pages

Worksheet For The Course Mathematics For Management 2

The document outlines various mathematical problems related to production and market analysis, including linear equations for product manufacturing, candy packing, consumer purchasing patterns, and optimization of profits in manufacturing. It includes tasks such as formulating problems, solving them using methods like Gaussian and Inverse, and interpreting results. Additionally, it discusses transition matrices for consumer behavior and constraints for maximizing production profit in different scenarios.

Uploaded by

leloahmed387
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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AAU, CoBE, Department of Management 2019

1. suppose the firm produce three types of product the product named as product A, Product B
and product C, in order to product these product the firm consume three type of raw materials;
raw material I, raw material II and raw material III. A single unit of prodct A requires 2 unit of
raw material I and II each and 6 unit of raw material III. In order to produce a single unit of
product B 6 unit of raw material I and 2 unit of raw material II and III is required. 4 unit of raw
material I, II and II is needed to produce a single unit of product C. The firm has 2400 unit of
raw material I, 2000 unit of raw material II and 2800 Unit of raw material III.

 Formulate the problem as a linear equation


 How many unit of each product must be produced to with available raw material (solve
the problem with Gaussian method and Inverse method)
 Interpret the result of the solution

2. The firm produce three types of candy; solid candy, fruit candy and Cream candy, the
produced candy are packed in two type of bags; Bag I and Bag II. Single bag I contain 1 unit of
solid candy, 5 unit of fruit candy and 1 unit of cream candy. Bag II can contain 2 units of solid
candy, 1 unit of fruit candy and cream candy. The form want to determine the number of bag I
and II required packing its candies. The firm produces 16 unit of solid candy, 44 unit of fruit
candy and 12 unit of cream candy.

 Formulate the problem as a linear equation


 How many unit of each Bag I and Bag II is required to pack available candies (solve the
problem with Gaussian method and Inverse method)
 Interpret the result of the solution

3. A population of 100,000 consumers makes the following purchases during a particular week:
20,000 consumers make the following purchases during a particular week: 20,000 purchases
Brand A, 35,000 Brand purchase B and 45,000 purchase neither brand. From a market study, it
in estimated that of those who purchase Brand A, 80% will purchase it again next week, 15%
will purchase Brand B next week, and 5% will purchase neither brand. Of those who purchase B,
85% will purchase it again next week, 12% will purchase brand A next week, and 3% will

Mathematics For Management class work sheet Page 1


AAU, CoBE, Department of Management 2019

purchase neither band. Of those who purchased neither brand, 20% will purchase as A next
week, 15% will purchase Brand B next week, and 65% will purchase neither band next week. If
this purchasing pattern continues, will the market stabilize? What will the stable distribution be?
Yes YA VB VC= (.4 .5 .1)

4. In a certain college class, 70% of the students who receive an “A” on the current examination will
receive an “A” on the next examination. Moreover, 10% of the students who do not receive an
“A” on the current examination will receive an “A” on the next examination. Assuming tat this
pattern continues, what is the stable matrix?

VA VA1 = (.25 .75)

5. A vigorous television advertising campaign is conducted during the football season to promote a
well-known brand X sharing cream. For each of several weeks, a survey is made and it is found
that each week 80% of those using brand X continue to use it and 20% switch. It is also found
that those not using brand x, 20% switch to brand X while the other 80% continue using another
band.

a. Write the transition matrix, assuming the transition percentages continue hold for succeeding
weeks.
b. If 20% of the people are using brand X at the start of the advertising campaign, what
percentage will be using brand X one week later? Two weeks later?
c. What portion of the market will be using brand X area the end of the season, assuming the
transition matrix remains the same? (Find the Steady-state matrix)

6. The automotive plant in Rockaway makes the Topaz and the Mustang. The plant has a
maximum production capacity of 1200 cars per week. During the spring, a dealer orders up to
600 Topaz cars and 800 Mustangs each week. If the profit on a Topaz is $500 and on a Mustang
it is $800; Then;
A. Write the constraints for the problem.

Mathematics For Management class work sheet Page 2


AAU, CoBE, Department of Management 2019

B. Write the profit equation.


C. Graph the constraints and find the corner points.
D. Find the optimum solution
7. A manufacturer of ski clothing makes ski pants and ski jackets. The profit on a pair of ski
pants is $2.00 and on a jacket is $1.50. Both pants and jackets require the work of sewing
operators and cutters. There are 60 minutes of sewing operator time and 48 minutes of cutter
time available. It takes 8 minutes to sew one pair of ski pants and 4 minutes to sew one jacket.
Cutters take 4 minutes on pants and 8 minutes on a jacket. Find the maximum profit and the
amount of pants and jackets to maximize the profit.

A. Write the constraints for the problem.


B. Write the profit equation.
C. Graph the constraints and find the corner points.
D. Find the optimum solution

8. A toy manufacturer wants to minimize her cost for producing two lines of toy airplanes.
Because of the supply of materials, no more than 40 Flying Bats can be built each day, and no
more than 60 Flying Falcons can be built each day. There are enough workers to build at least
9. Toy airplanes each day. It costs $12 to manufacture a Flying Bat and $8 to build a Flying
Falcon. What is the minimum possible cost each day?
A. Write the constraints for the problem.
B. Write the profit equation.
C. Graph the constraints and find the corner points.
D. Find the optimum solution

Mathematics For Management class work sheet Page 3

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