Answer to Question #328626 in Financial Math for CMM

Question

b) In order to effectively manage the movement of resources between Limuru, Nairobi and Nakuru Campuses of St Pauls’ University, the following input-output transitions database has been determined so as to help in the development of a quantitative model for making future management decisions.

Source Campus Destination Campus External Demand

Limuru Campus Nairobi Campus Nakuru Campus

Limuru Campus 0 40 50 210

Nairobi Campus 30 0 50 320

Nakuru Campus 30 40 0 430

Others 240 320 400

Total 400 500 500

i) Account for the number of resources leaving each campus when the external demand for these resources from the Limuru campus, Nairobi Campus, and Nakuru Campus is 440, 528, and 704 respectively                                (3 Marks)

ii) Distribute the quantities obtained in (i) among the various destinations.   

Answer 1

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