A publisher sells two professional magazines, \(Z_1\) and \(Z_2\), in two regions, \(R_1\) and \(R_2\). The matrices \(G_1\) and \(G_2\) give the profit in dollars per copy during the first and second half of the year. Rows represent regions, and columns represent magazines.
\(G_1=\begin{pmatrix}1.20&1.50\\1.10&1.40\end{pmatrix}\), \(G_2=\begin{pmatrix}1.30&1.60\\1.00&1.50\end{pmatrix}\).
In each half-year, every region sells \(10{,}000\) copies of \(Z_1\) and \(8000\) copies of \(Z_2\), so the sales vector for both periods is
\(\mathbf{v}=\begin{pmatrix}10{,}000\\8000\end{pmatrix}\).
Find the total annual profit in each region. Verify
\((G_1+G_2)\mathbf{v}=G_1\mathbf{v}+G_2\mathbf{v}\),
and interpret the matrix \(G_{\text{year}}=G_1+G_2\) in context.
Hints
- Interpret the entries of \(G_1+G_2\) before multiplying.
- Use the fact that the sales vector is the same in both half-years.
- Check that multiplying dollars per copy by numbers of copies produces total dollars.
Solution
1. The first-half profits are
\(G_1\mathbf{v}=\begin{pmatrix}1.20\cdot10{,}000+1.50\cdot8000\\1.10\cdot10{,}000+1.40\cdot8000\end{pmatrix}=\begin{pmatrix}24{,}000\\22{,}200\end{pmatrix}\).
2. The second-half profits are
\(G_2\mathbf{v}=\begin{pmatrix}1.30\cdot10{,}000+1.60\cdot8000\\1.00\cdot10{,}000+1.50\cdot8000\end{pmatrix}=\begin{pmatrix}25{,}800\\22{,}000\end{pmatrix}\).
Their sum is
\(G_1\mathbf{v}+G_2\mathbf{v}=\begin{pmatrix}49{,}800\\44{,}200\end{pmatrix}\).
3. Add the matrices first:
\(G_{\text{year}}=G_1+G_2=\begin{pmatrix}2.50&3.10\\2.10&2.90\end{pmatrix}\).
Then
\(G_{\text{year}}\mathbf{v}=\begin{pmatrix}2.50\cdot10{,}000+3.10\cdot8000\\2.10\cdot10{,}000+2.90\cdot8000\end{pmatrix}=\begin{pmatrix}49{,}800\\44{,}200\end{pmatrix}\).
4. Because the sales vectors are identical in both half-years, each entry of \(G_{\text{year}}\) is the combined profit from selling one copy in each half-year for the corresponding magazine and region.
Answer
The annual profit is \(\$49{,}800\) in region \(R_1\) and \(\$44{,}200\) in region \(R_2\).
Both methods give \(\begin{pmatrix}49{,}800\\44{,}200\end{pmatrix}\), confirming \((G_1+G_2)\mathbf{v}=G_1\mathbf{v}+G_2\mathbf{v}\).
\(G_{\text{year}}=\begin{pmatrix}2.50&3.10\\2.10&2.90\end{pmatrix}\) contains the combined per-copy profit margins for one copy sold in each half-year.