wholesale:
$840
$1200
$1450
$2650
$3050
retail:
$1100
$1350
$1650
$3000
$3200
A company sells five models of computers through three retail outlets. The inventories are represented by S. The wholesale and retail prices are represented by T. Compute ST and interpret the result.
S= 4 4 3 4 2
0 0 4 4 4
0 4 3 3 0
t = wholesale retail
$840 $1100
$1200 $1350
$1450 $1650
$2650 $3000
$3050 $3200
3 answers
Since S is 5x3 and T is 5x2, ST is undefined.
But, U = STT is a matrix whose (i,j) element is the total revenue for model i , wholesale or retail (j=1 or 2)
But, U = STT is a matrix whose (i,j) element is the total revenue for model i , wholesale or retail (j=1 or 2)
never mind. S is 3x5, so ST is defined.