Data can usefully be summarised in a table, and a table
can have it's borders, column and row labels taken away and then
enclosed in brackets in which case it be come a matrix. Then we can
perform useful calculations with it.
For instance:
The figures in the table show
The daily production, in kilograms, of two
types,
and
of
sweets from a small company,
The percentages of the ingredients A, B and C required to
produce
|
Percentages
|
Daily Production
(Kg)
|
||
|
A
|
B
|
C
|
|
|
60
|
30
|
10
|
300
|
|
50
|
40
|
10
|
240
|
Cost £ per Kg
|
4
|
6
|
8
|
|
We can do this by changing the percentages into masses in Kg.
We can form a matrix representing the masses of ingredients used:
When we multiply this by the vector
Hence the total cost of production is £1500+£1248=£2748.
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