A distributor records the weekly sales of personal computers (PCs) in three retail outlets in different parts of the country. The cost price of each model is: Pentium (basic) £480,             Pentium (extra) £600,                         Pentium (Latest) £1020 Number of computers sold in each shop:     Pentium (Basic) Pentium (Extra) Pentium (Latest) Shop A 150 320 180 Shop B 170 420 190 Shop C 201 63 58   The total weekly revenue for each shop is: Shop A £604,400    Shop B £642,300        Shop C £267,190 Use matrix multiplication to calculate: The total weekly cost of computers to each shop. The total weekly profit for each shop. Which shop makes the greatest overall profit?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
icon
Related questions
Question
  1. A distributor records the weekly sales of personal computers (PCs) in three retail outlets in different parts of the country. The cost price of each model is:

Pentium (basic) £480,             Pentium (extra) £600,                        

Pentium (Latest) £1020

Number of computers sold in each shop:

 

 

Pentium (Basic)

Pentium (Extra)

Pentium (Latest)

Shop A

150

320

180

Shop B

170

420

190

Shop C

201

63

58

 

The total weekly revenue for each shop is:

Shop A £604,400    Shop B £642,300        Shop C £267,190

Use matrix multiplication to calculate:

  • The total weekly cost of computers to each shop.
  • The total weekly profit for each shop.
  • Which shop makes the greatest overall profit?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Matrix Operations
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College