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    Assignment BBMP1103

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    rohaiza1979
    This document is a student's coursework for Mathematics for Management consisting of 4 questions. It covers topics such as: - Solving a system of linear equations using matrices and inverses - Finding the equation of a line given a point - The advantages of break even analysis for businesses - Calculating present and future values of investments over time using compound interest formulas

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    Assignment BBMP1103

    Uploaded by

    rohaiza1979
    778 views11 pages
    This document is a student's coursework for Mathematics for Management consisting of 4 questions. It covers topics such as: - Solving a system of linear equations using matrices and inverses - Finding the equation of a line given a point - The advantages of break even analysis for businesses - Calculating present and future values of investments over time using compound interest formulas

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    This document is a student's coursework for Mathematics for Management consisting of 4 questions. It covers topics such as: - Solving a system of linear equations using matrices and inverses - Finding the equation of a line given a point - The advantages of break even analysis for businesses - Calculating present and future values of investments over time using compound interest formulas

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    778 views11 pages

    Assignment BBMP1103

    Uploaded by

    rohaiza1979
    This document is a student's coursework for Mathematics for Management consisting of 4 questions. It covers topics such as: - Solving a system of linear equations using matrices and inverses - Finding the equation of a line given a point - The advantages of break even analysis for businesses - Calculating present and future values of investments over time using compound interest formulas

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 11

    BACHELOR OF BUSINESS ADMINISTRATION WITH HONOURS

    SEMESTER JAN 2014


    BBMP1103
    MATHEMATICS FOR MANAGEMENT

    MATRICULATION NO :

    791016145081001

    IDENTITY CARD NO.

    791016-14-5081

    TELEPHONE NO. :

    019-6641264

    E-MAIL

    [email protected]

    LEARNING CENTRE

    SHAH ALAM

    BBMP1103

    TABLE OF CONTENTS

    PAGE

    QUESTION NO. 1

    35

    QUESTION NO . 2

    67

    QUESTION NO . 3

    89

    QUESTION NO . 4

    10- 11

    BBMP1103

    Question 1

    x + 2y + z = 4
    3x + z = 2
    Xy+z=1

    a) Function into a matrix form, let A be the coefficient matrix


    1 2 1
    x
    4
    3 0 1
    y
    2
    1 -1 1
    z
    1

    A= 1 2 1
    3 0 1
    1 -1 1

    b) Determinant of A = 1 0 1
    -1 1

    -2 3 1
    1 1

    +1 3 0
    1 -1

    = 1 (1) -2 (2) + 1 (3)


    = 1 - 4 + (-3)
    = -6

    c) Minor of A = 1 2 -3
    3 0 -3
    2 -2 -6

    BBMP1103

    d) Cofactor of A = 1 x 1 = 1

    -1 x 3 = -3

    1x2=2

    -1 x 2 = -2

    1x0=0

    -1 x (-2) = 2

    1x3=3

    -1 x (-3) = 3

    1 x (-6) = -6

    1 -2 -3
    -3 0 3
    2 2 -6

    e) Adjoint of A = ( Cofactor A )

    f)

    -2

    -3

    -3

    -6

    -3

    -2

    -3

    -6

    Inverse of A

    A-1 =

    1/-6

    -3

    -2

    -3

    3 -6

    1/6

    -3/6

    2/6

    -2/6

    2/6

    -3/6

    3/6 -6/-6
    2

    BBMP1103

    g) x , y and z
    x
    y
    z

    1/-6

    -3/-6

    2/-6

    -2/-6

    2/-6

    -3/-6

    3/-6

    -6/-6

    2
    =

    0
    3

    Thus, x = 2 , y = 0 and z = 3

    BBMP1103

    Question 2

    a) 3x + 10y 4 = 0
    3x + 10y = 4
    10y = -3x + 4
    Y = -3/10 x + 4/10

    M = 10/3

    Y = mx + b through point ( 1,4)


    4 = 10/3 (1) + b
    4 = 10/3 + b
    B = 4/1 10/3
    = 12 10
    3
    = 2/3
    Therefore, y = 10/3 x + 2/3

    BBMP1103

    b) Y = x2 12x + 14 = 0
    Y = x2 12x = -14

    a=1

    Y = x2 12x +36 = -14 + 36

    b = -12

    Y = ( x b/2)2 = 22

    c = 14

    Y = ( x 12/2)2 = 22
    Y = (x 6)2 = 22
    Y = ( x 6 )2 =

    22

    Y = x 6 = +- 22
    X = 6 +- 22

    Therefore x = 6 22

    and -6 22

    BBMP1103

    Question 3

    a) Advantages of performing break even analysis


    Break even analysis enables a business organization to

    Measure profit and losses at different levels of production and sales

    To predict the effect of changes price of sales

    To analysis the relationship between fixed cost and variable cost

    To predict the effect on profitability if changes in cost and efficiency.

    b) I) Break Even Point : Total Revenue = Total Cost


    Total revenue = unit price x total quantity sold
    = 40q
    Total Cost = Variable Cost + Fixed Cost
    = 22q + 77,000
    Therefore 40q = 22q + 77,000
    40q 22q = 77,000
    18q = 77,000
    Q = 77,000 / 18
    Q = 4278

    Hence 4278 units have to be sold to reach the break even point.

    BBMP1103

    ii) Profit = Total Revenue Total Cost


    Total Revenue = unit price x total quantity sold
    = 40q
    Total Cost = Variable Cost + Fixed Cost
    = 22q + 77,000
    Profit = Total Revenue - Total Cost
    11,000 = 40q - (22q + 77,000)
    11,000 = 40q 22q 77,000
    11,000 + 77,000 = 18q
    88,000 = 18q
    Q = 88,000 / 18
    Q = 4889 units
    Therefore units to reach profit RM 11,000 is at 4889 units.

    BBMP1103

    Question 4

    Option 1 :
    FV = RM 100,000.00
    I = 8%
    N = 10
    PV = FV (1 + i)-n
    = 100,000 ( 1+ 0.08) -10
    = 100,000 ( 1.08) -10
    = 100,000
    (1.08)10
    = 100,000
    2.158925
    = 46, 319.35

    Option 2
    Payment for 1st year
    PV = 10,000
    I = 8%
    N=9
    FV = PV (1 +i) n
    = 10,000 (1.08)9
    = 10,000 (1.999)
    = RM 19,999.00

    BBMP1103

    Payment for 5th year


    PV = 30,000
    I = 8%
    N=5
    FV = PV ( 1 + i)n
    = 30,000 (1.08)5
    = 30,000 ( 1.469328)
    = RM 44,079.84

    Total for option 2 = RM 19,999.00 + RM 44,079.84 + RM 40,000


    = RM 104, 078.84
    Therefore choose option 2 since amount more than RM 100,000.00.

    BBMP1103

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