The rate of sales of a certain brand of bicycle by a retailer in thousands of...
12. 0/1.53 POINTS PREVIOUS ANSWERS The rate of sales of a certain brand of bicycle by a retailer in thousands of dollars per month is given by s(e) - 38+ - 0.3322 where t is the number of months after an advertising campaign has begun. (a) Find the amount of sales, in thousand of dollars, for the first four months after the start of the advertising campaign. Give you answer to three dec $ 708.25 X thousand dollars (b) Find...
Suppose that copper is being projected to be extracted from a certain mine at a rate given by = 310e-0.09t P'(t) where P(t) is measured in tons of copper and t is measured in years. (a) How many tons of copper is projected to be extracted during the second four year period? Give you answer to three decimal places. 726.516 tons (b) How many tons of copper is projected to be extracted during the fourth and fifth years? Give you...
Observations are taken on sales of a certain mountain bike in 22 sporting goods stores. The regression model was Y total sales (thousands of dollars), X1- display floor space (square meters), X2- competitors' advertising expenditures (thousands of dollars), X3 advertised price (dollars per unit). (a) Fill in the values in the table given here. (Negative values should be indicated by a minus sign. Leave no cells blank be certain to enter "O" wherever required. Round your t-values to 3 decimal...
Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression model was Y = total sales (thousands of dollars), X1 = display floor space (square meters), X2 = competitors’ advertising expenditures (thousands of dollars), X3 = advertised price (dollars per unit). Predictor Coefficient Intercept 1,287.26 FloorSpace 11.52 CompetingAds −6.934 Price −0.1476 (a) Write the fitted regression equation. (Round your coefficient CompetingAds to 3 decimal places, coefficient Price to 4 decimal places, and other...
Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression model was Y = total sales (thousands of dollars). X = display floor space square meters). X- competitors' advertising expenditures (thousands of dollars). X, advertised price (dollars per unit) Predictor Intercept FloorSpace Competing Ads Price Coefficient 1203 91 11.29 -8.889 -0.1448 (a) Write the fitted regression equation (Round your coefficient Competing Ads to 3 decimal places, coefficient Price to 4 decimal places, and...
5. After six months, Sally's band finds that the Moderate Sales forecast is the most accurate for the quantity and types of t-shirts they are selling. The band develops two potential marketing tactics to increase the profit they earn from t-shirts. Tactic A: Work with a lower-cost supplier for the Basic Tees. The band can buy the Basic Tees for $10.50 per shirt (variable cost). The shirts are of lesser quality, so the band expects 20% of the Basic Tee...
in 2013, a certain company's annual revenue was 76 billion dollars and growing at the rate of 3.3x+17.1 billion dollars per year, where the number of years since 2013. Find a formula to predict this company's annual revenue at any time Ix) - 1.0² + 17. pc + 76 x Use your formula to predict their revenue in 2020. (Hound your answer to one decimal place) Need Help? The weekly sales in thousands) of a new product are predicted to...
Observations are taken on sales of a certain mountain bike in 21 sporting goods stores. The regression model was Y = total sales (thousands of dollars), X1 = display floor space (square meters), X2 = competitors' advertising expenditures (thousands of dollars), X3 = advertised price (dollars per unit). (a) Fill in the values in the table given here. (Negative values should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Round...
Observations are taken on sales of a certain mountain bike in 30 sporting goods stores. The regression model was Y = total sales (thousands of dollars), X1 = display floor space (square meters), X2 = competitors' advertising expenditures (thousands of dollars), X3 = advertised price (dollars per unit). (a) Fill in the values in the table given here. (Negative values should be indicated by a minus sign. Leave no cells blank - be certain to enter "0" wherever required. Round...
9. Xavier Medical Supply is a retailer of home medical equipment. Last year, Xavier's sales revenues totaled $6,000,000. Total expenses were $2,100,000. Of this amount, approximately $1,500,000 were variable, while the remainder were fixed. Since Xavier's offers thousands of different products, its managers prefer to calculate the breakeven point in terms of sales dollars rather than units. Read the requirements Requirement 1. What is Xavier's current operating income? Begin by identifying the formula to compute the operating income. (1) -...