
Patrick W. answered 05/12/16
Tutor
New to Wyzant
Math Grad with a desire to help
Lets dive right in, let F be number of floor tickets, L be number of lower tickets, and U be number of upper tickets sold.
The concert planners expected 13,000 tickets to be sold. From this sentence we can infer that F + L + U = 13,000, since F+L+U is total number of tickets.
The planners expect to earn $787,500. In order to make this into an equation we also need the ticket prices, since the price times the number of tickets sold will give us how much money was made on each ticket, we then add it up to get expected earnings. All of this together gives us the equation:
80F + 65L + 45U = 787,500.
Now the last part is a little tricky. The planners expect 5 times as many lower tickets as floor tickets, which gives us the equation 5F = L. But this is not in the form we want, so bring the L over and add by 0*U. We get:
5F - L + 0*U = 0
All together we get:
F + L + U = 13,000
80F + 65L + 45U = 787,500
5F - L + 0*U = 0
Now we can represent this as a matrix vector product:
1 1 1 F 13,000
80 65 45 * L = 787,500
5 -1 0 U 0
We can now solve this by inverting the matrix.
I plugged this into Matlab and got:
F=1500
L=7500
U= 4000
Hope this helps, if you want me to go over how to invert a matrix let me know and I'll answer again.