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A Corporation Has Three Factories,each of Which Manufactures Acoustic Guitars A=[5030352510060]A = \left[ \begin{array} { c c c } 50 & 30 & 35 \\25 & 100 & 60\end{array} \right]

question 58

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A corporation has three factories,each of which manufactures acoustic guitars and electric guitars.The number of units of guitars produced at factory j in one day is represented by aij in the matrix​ A=[5030352510060]A = \left[ \begin{array} { c c c } 50 & 30 & 35 \\25 & 100 & 60\end{array} \right] . ​
Find the production levels if production is increased by 20%.

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Definitions:

Multivariate Analysis

A set of statistical techniques used for analysis of data that involves multiple variables to understand relationships and patterns.

Contingency Approach

A management theory that suggests the most appropriate management style or approach depends on the specific aspects of the situation at hand.

Chaos Theory

A branch of mathematics focusing on the behavior of dynamical systems that are highly sensitive to initial conditions, often leading to unpredictable and complex outcomes.

Purely Situational Approach

A viewpoint emphasizing that behavior or decisions should be based solely on the specifics of the situation, rather than on general principles or theories.

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