Larry’s Bait Shop has two retail stores that sell fishing ba…
Larry’s Bait Shop has two retail stores that sell fishing bait and other supplies. The current inventory for live bait in the two stores is shown in the table below. Crawlers Waxworms (cans) Minnows Store #1 1,500 200 600 Store #2 500 750 550 The “free fishing weekend” where anyone can fish without a license is coming up, so Larry wants to increase his inventory. He would like have a total of 1500 crawlers, 1000 cans of waxworms, and 1200 minnows in EACH of his stores. (He wants these amounts in Store #1 and he wants these amounts in Store#2). a. Use matrices to calculate the number of crawlers, waxworms (cans), and minnows he will need to order for each store. You MUST show how you use matrices to receive credit. b. The order costs Larry $0.10 per crawler, $4 per can of waxworms, and $0.15 per minnow. Use matrices to find the cost for Larry to supply each store with the additional inventory found in part a. [Hint: make a column matrix of the costs for each item.]
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