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Chapter 5 Business Math

The document contains notes on matrices, specifically focusing on their application in business math. It includes examples of calculating inventory values for a pet store and daily sales for a burger chain using matrix multiplication. Additionally, it provides pricing information for various items sold at these establishments.

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0% found this document useful (0 votes)
5 views13 pages

Chapter 5 Business Math

The document contains notes on matrices, specifically focusing on their application in business math. It includes examples of calculating inventory values for a pet store and daily sales for a burger chain using matrix multiplication. Additionally, it provides pricing information for various items sold at these establishments.

Uploaded by

ff9323711
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

1429/5405 CODE BUSINESS MATH NOTES

Chapter 5 Notes
Matrices

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5. A Pet Store Has 6 Kittens, 8 Parrots, and 12 Puppies. If the Price of Each Kitten
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is $28, Each Parrot is $30, and Each Puppy is $40. Use Matrix Multiplication to
Find the Total Value of the Pet Store’s Inventory.

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8. Burger Barns three locations sell fries, burgers and soft drinks. Bran
I sells 500 orders of fries, 150 burgers and 300 soft drinks on daily
basis. Bran II and Bran III sell 900 and 700 orders of fries respectively,
per day. Bran II sells 440 burgers and 830 soft drinks while Bran III
sells 580 burgers and 1200 soft drinks each day.

a) Write a 3 x 3 matrix that represents daily sales for all locations.


b) If fries cost $0.92 per order, burger $1.54 each and soft drink
$0.58 each. Write a matrix of order 1 x 3 that represents the
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c) What is the total daily income from all the locations?


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