Production matrix for input-ouput and demand matrices.

1.Find the production matrix for the following input-output and demand matrices:

2. An oil refinery in Tulsa sells 50% of its production to a Chicago distributor, 20% to a Dallas distributor, and 30% to an Atlanta distributor. A refinery in New Orleans sells those same distributors 40%, 40%, and 20% respectively. A third refinery in Ardmore sells to the same distributors in amounts of 30%, 40%, and 30% respectively. The Chicago distributor received 219,000, the Dallas distributor received 192,000 and the Atlanta distributor received 144,000 gallons of oil.  How many gallons of oil were produced at each of the three refineries.

1. Tulsa – 219,000 New Orleans – 522,000 Ardmore – 63,000

2. Tulsa – 150,000 New Orleans – 225,000 Ardmore – 180,000

3. Tulsa – 345,000 New Orleans – 522,000 Ardmore – 900,000

4. Tulsa –75,000 New Orleans – 150,000 Ardmore – 225,000

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