linear-equations-applied-in-business
linear-equations-applied-in-business
BUSINESS
Mathematics for Business (César Vallejo University)
AUTHOR(S):
ADVISOR(S):
LINE OF RESEARCH:
Organization Management
HUARAZ – PERU
2021
ANNEXES
Likewise, Zambrano (2011), who through the study he carried out on the "Statement
and solution of equation problems, using strategies and methods proposed in the
historical development of the theory of equations", states that linear and quadratic
equations are used to model phenomena in science, being also a fundamental
subject in mathematics and its management is a basic competence to develop,
which has become a double obstacle for a large number of students, businessmen
or natural persons. Solving these types of equations is reduced to applying
algorithms mechanically, which are often not understood and becomes an exercise
in memory. On the other hand, the handling of mathematical topics is observed in
isolation and without connection with
Similarly, Lucas (2015), mentions through his report entitled “First-degree linear and
fractional equations” that his objective is to learn to differentiate and solve linear and
fractional equations, as well as improve mastery of mathematical operations. The
first degree equation or linear equation means that it is a statement of equality,
involving one or more variables to the first power, which does not contain products
between the variables, that is, an equation that involves only additions and
subtractions of a variable to the first power. In every commutative ring first degree
equations can be defined. We know that a linear or first-degree equation is one that
only involves addition and subtraction of variables raised to the first power (raised to
one, which is not written). They are called linear because they can be represented
as straight lines in the Cartesian system. This report tells us that the equation is a
mathematical equality between two algebraic expressions, called members, in which
known values appear, data, and unknown or unknown values, related by
mathematical operations.
On the other hand, as a result of confinement, businesses have had to face various
problems, most of which were also solved by the application of linear equations.
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During the period from 1700 BC and 1700 AD, the creation of
symbols and resolution of equations was achieved. Likewise, in this
phase algebra was developed by the Greeks, exactly 300 years BC;
at that time it was called geometric algebra, which involved various
geometric methods to solve algebraic equations.
Symbolic notation characterizes the beginning of a new phase, in
which Descartes, during the years 1596-1650, contributes to
developing said notation; and it is in this period that algebra becomes
a science of symbolic calculations and equations.
The equations have gone through a process of more than 3000 years,
so that they are currently expressed in the following way:
ax + b = c
The Egyptians wrote and solved hundreds of mathematical problems
on their papyri. Most of these problems were arithmetic and were
related to everyday situations; however, some were found that are
considered algebraic, since they did not set any specific objective, as
their solution was based on performing operations with the data in an
analogous way, just as we solve equations now.
- Total cost: The total cost is obtained from the sum of the fixed
costs (FC) and the variable cost (VC).
CT = CF + CV
Utility: Utility is the company's profit itself, not the income; that is,
utility is the gross profit obtained from selling the product. To
calculate this, you must subtract total income from total cost.
PE = CF / (Price – CV)
To pose the problem, data must be obtained, and this can be found
through the following steps:
- Ask producers how many beans they use to make each package
of coffee.
- Ask the manager how many grains they have.
- Ask the manager how much his profit is per product sold.
Now we set out the objective function, since the profit for each type of
coffee package is known:
Phase 3: Restrictions
4x + 10y = 80 12x + 6y = 90
and and
x x
20 0 7.5 0
0 8 0 15
Interpretation of the tables:
- Table 1: From the table we obtain that, if “y” equals 0, “x” would be 20; and
if “x” equals 0, “y” would be 8. Obtaining the ordered pairs (0;20) and
(0;8).
Table 2: From the table we obtain that, if “y” equals 0, “x” would be 7.5;
and if “x” equals 0, “y” would be 15. Obtaining the ordered pairs (0;7.5)
and (0;15).
To establish the feasible region, the ordered pairs found previously must be
located on the graph.
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By applying the reduction method, we find the values y = 25/4 and x = 35/8;
which are the coordinates of point F.
F- (35/8; 25/4)
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III. CONCLUSIONS
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• Through this project we learned a very important topic, which is the linear
system. We learned different methods when developing this essay.
Currently, we can solve different problems in everyday life in different
ways, depending on the methods we learned. We consider it important
because our career is based on this, by using graphical methods we
calculate the quantity and price according to graphs, and this will lead us
to take better results. Similarly, when we do not know how much to
produce or what should be produced less, the system of equations will
help us solve it. Thus avoiding unnecessary expenses.
• We can conclude that linear equations are very important for business,
since they allow the different areas of a business to make calculations,
such as costs, expenses, profits, etc.
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https://www.monografias.com/docs/Aplicacion-De-Ecuaciones-En-
Administracion-P3CDKLJYMYhttps://www.monografias.com/docs/Aplicacion-
De-Ecuaciones-En-Administracion-P3CDKLJYMY
https://prezi.com/rr9bxpw2rhor/linear-functions-and-their-application-
in-the-business-of-an-em/
Lopez, I. and Ruiz, C. (s. F.). History of equations and systems. CAP of
http://enebro.pntic.mec.es/
%7Ejhep0004/Pages/CarmenIn/history.htm
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