# Linear Algebraic Relationships in Business Management Decisions

Why is it important to understand linear equations in business? In particular can you provide examples where the relationship between items that can be affected by management and 'items' that management wished to achieve or attain may be 'linear'. Can you think of items for which the relationship in NOT linear?

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#### Solution Preview

Solution Description:

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Manangement wants to manipulate two variables in

some process so that they can achieve a specified

value in a third variable. The equation is defined

as

ax + by = W

This is a linear equation. In management decision

making using finite mathematics, there may be any

number of equations utilizing the relationship for

an business interaction. The equations may be

related by time such that management ...

#### Solution Summary

The goal of this solution is to assist the student to understand the relationship of variables in business that can be related and

manipulated in a linear relationship. The method used is to demonstrate examples of linear vs non linear relationships.