You have sold 100 cal T-shirts to be 4.000. Give alte model for your sales Use...
Calculus" T-shirts and sales appear to be doubling every five days. You estimate the total market for Calculus" Tshirts to be 4,000. Give a logistic model for your sales You have sold 100 " 1 N(t) - Use your model to predict, to the nearest day, when you will have sold 800 T-shirts days
A convenience store manager notices that sales of soft drinks are higher on hotter days. He gathers some data, recording the high temperature of the day as x, and the number of cans sold as y. The samples used to create the model ranged from a temperature of 75°F to 96°F. His data yielded the following LSRL: Part 1: (4 pts) Give the slope and interpret what it means in the context of the question (2 pts). Part 2: Give the y-intercept...
A convenience store manager notices that sales of soft drinks are higher on hotter days. He gathers some data, recording the high temperature of the day as x, and the number of cans sold as y. The samples used to create the model ranged from a temperature of 75°F to 96°F. His data yielded the following LSRL: Part 1: (4 pts) Give the slope and interpret what it means in the context of the question (2 pts). Part 2: Give the y-intercept...
On March 1, 2018, you start “Road to Broad T-Shirts” in a kiosk outside the Business College. The following events occurred during the month of March: Investment: You use your savings of $60,000 to start the business as a corporation as the only stockholder. Kiosk Purchase: You buy a kiosk for $12,600 cash. The kiosk will be useful for six months and will have no value at the end of the sixth month. Labor Cost: You hire your friend, Joey,...
Show your work Question 2. Exponential population growth model: Nt = N0 * erm*t where: Nt = population size at time t N0 = starting population size e = 2.7183 (Euler’s number) rm = estimated rate of increase Use the above exponential growth model to solve the following for a (not so) get rich quick scheme to breed worms in your apartment and sell them as fishing bait. You start your project with only five individuals. 2a. If your estimated...
Your company has sales of $107,200 this year and cost of goods sold of $70,000. You forecast sales to increase to $117,400 next year. Using the percent of sales method, forecast next year's cost of goods sold. The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career....
You are doing an internship with Macy’s and are tasked with forecasting sales so that you can make inventory orders. You have weekly sales data for men’s dress shirts in your store from each of the past six weeks. You decide to try both a 3-period moving average and exponential smoothing with λ = 0.7 to see which model is more accurate and then use that one to make forecasts. The sales data is shown below. Week # of Shirts...
(3.) You are selling a particular model of used cellphone. Customers are hesitant to buy this model because it is known to sometimes have problems with the battery and sometimes with the CPU. Let's measure time in days and suppose that, given the phone is currently working, the probability of the battery failing the next day is 1/3 Likewise, the probability of the CPU failing the next day is 1/6 (and with probability 1/2 the phone continues to function properly)....
2-6% each part Suppose we have opened a catfish hot dog stand at the mall which will be open 4 hours per day. We are test marketing our sales at various prices to attempt to determine the best price we should use for our catfish hot dogs. So, let: Price of the Number of y hot dogs $1.50 $3.00 $4.00 hot dogs sold 182 118 39 Notice that we have put these variables in the same order that we did...
Create a simple 0, 1 integer model for a situation or problem you face in your life. Is there an optimal solution for your problem? What type of model would you use to create an optimal solution? Explain. Something I case is on the weekends. Which sale to go to first. If I have three sales to chose from: First one has a item I know that if i can get it today the 50% off day I can make...