Question

A firm produces three types of computers (small, medium, and large). Demand for the computers is such that 100 small, 200 medium, and 300 large computers must be scheduled for produetion to satisfy orders. This can be represented by a row matrix called PRODUCTION PRODUCTION100 200 300 small medium large Certain units of direct materials and direct labor go into the production of each of these computers. This can be expressed as follows: mall computers UNITS: 3_medium computers arge computers direct materials direct labor The unit cost of direct materials and direct labor is given by the following matrix $2000 ← direct materials (per unit) $3000 direct labor (per unit) Problem #1 Use the data to set up a Production Requirement Matrix that represents the total number of units of direct materials and direct labor needed to meet production requirements. For the sake of uniformity call this matrix TOTAL UNITS Problem #2 set up a TOTAL COST MATRIX that reflects the firm's total cost of direct materials and direct labor. For the sake of uniformity call this matrix TOTAL COST

Answer 1

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.