The manager of a restaurant found that the cost to produce 200 cups of coffee is...
The manager of a restaurant found that the cost to produce 200 cups of coffee is $111.00, while the cost to produce 400 cups is $211.00. Assume the relationship between the cost y to produce x cups of coffee is linear. a. Write a linear equation that expresses the cost, y, in terms of the number of cups of coffee, x. b. How many cups of coffee are produced if the cost of production is $246.00?
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The manager of a restaurant found that the cost to produce 200 cups of coffee is...
Bus Econ 1.2.37 Question Help manager of a restaurant found that the cost to produce 100...
Bus Econ 1.2.37 Question Help manager of a restaurant found that the cost to produce 100 cups of coffee is $10.74, while the cost to produce 400 cups is $38.94. Assume the cost Clx) isa inear function of x, the number of cups produced. Answer parts a through f for C(x). C(x)(Use integers or decimals for any numbers in the expression.)
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce...
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce 10 T- shirts is $112.67, while the cost to produce 40 T-shirts is $399.09. Assume the cost C(x) is a linear function of x, the number of T-shirts produced. Find the total cost of producing 100 T-shirts.(Round to 2 decimal places) Fixed Cost Analysis In deciding whether to set up a new manufacturing plant, company analysts have decided that a linear function is a...
Marginal Cost Analysis The manager of a T-shirt stand found that the cost to produce 10...
Marginal Cost Analysis The manager of a T-shirt stand found that the cost to produce 10 T-shirts is $112.59, while the cost to produce 40 T-shirts is $401.58. Assume the cost Cox) is a linear function of x, the number of T-shirts produced. Calculate the marginal cost of a T-shirt, that is the change in cost of producing one additional T-shirt. (Round to 2 decimal places)
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce...
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce 10 T-shirts is $105.98, while the cost to produce 40 T-shirts is $398.42. Assume the cost C) is a linear function of x, the number of T-shirts produced. Find the total cost of producing 100 T-shirts.(Round to 2 decimal places)
(a) The production manager of ABC Co. Ltd. has found that the relationship between production cost...
(a) The production manager of ABC Co. Ltd. has found that the relationship between production cost (y in $) and lot size (x in units) of a certain product is linear. A random sample of eight lots is taken and the results are summarized as below: Xx=941, Xx? = 325751, y=9570, y =32849700 and X xy = 3271030 (i) Find the least squares linear regression equation for predicting production cost on lot size. (4 marks) (ii) Calculate the coefficient of...
A book publisher found that the cost to produce 1000 textbooks is $ 27,100, while the cost to produce 2000 textbooks is $ 50,800
A book publisher found that the cost to produce 1000 textbooks is $ 27,100, while the cost to produce 2000 textbooks is $ 50,800. Assume that the cost C(x) is a linear function of x (the number of textbooks produced). What is the marginal cost of a textbook? Write a function for the average cost of a textbook.
SP19 MATH 132-100 Parker Corson 1/19/1910: Quiz: Quiz 0 Subn This Question: 1 pt 5 of...
SP19 MATH 132-100 Parker Corson 1/19/1910: Quiz: Quiz 0 Subn This Question: 1 pt 5 of 20 (16 complete) This Quiz: 20 pts p The manager of a restaurant found that the cost to produce 300 cups of coffee is $30.75, while the cost to produce 500 cups is $50.35. Assume the cost C(x) is a linear function of x, the number of cups produced. Answer parts a through f a. Find a formula for C(x). Choose the correct answer...
need 5-9 please Jason believes that the sales of his coffee shop depend upon the weather....
need 5-9 please
Jason believes that the sales of his coffee shop depend upon the weather. He has taken a sample of 5 days Below you are given the results of the sample Temp Cups of coffee sold 700 50 60 500 70 400 80 200 100 90 -You are going to conduct a simple linear regression analysis using this data I. What is the dependent variable? Options-weather,temperature,coffee shops days,cups of coffiee 2. First calculate the value of bl. If...
2. You are the marketing manager of a company that makes men’s suits. Many companies produce...
2. You are the marketing manager of a company that makes men’s suits. Many companies produce similar products and they are selling wholesale for $180 to $250 per unit. In the process of surveying the market for men’s suits, you came to know that many consumers are willing to pay much more for suits with designer label and you have been exploring the possibility of adding designer suits into the production line of the company. You submitted a proposal for...
following are the information used to solve this problem Joy the abandoned restaurant can be found...
following are the information
used to solve this problem
Joy the abandoned restaurant can be found a little further down the road. With facilities to produce food and water using the same technology as Dilek's it's a great rest stop for hikers. Manu and Kapi get to the restaurant next day they finish their food and water and now they are their only customers and owners. They decide to split the profits 50/50 and devote both of their time to...
Bus Econ 1.2.37 Question Help manager of a restaurant found that the cost to produce 100 cups of coffee is $10.74, while the cost to produce 400 cups is $38.94. Assume the cost Clx) isa inear function of x, the number of cups produced. Answer parts a through f for C(x). C(x)(Use integers or decimals for any numbers in the expression.)
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce 10 T- shirts is $112.67, while the cost to produce 40 T-shirts is $399.09. Assume the cost C(x) is a linear function of x, the number of T-shirts produced. Find the total cost of producing 100 T-shirts.(Round to 2 decimal places) Fixed Cost Analysis In deciding whether to set up a new manufacturing plant, company analysts have decided that a linear function is a...
Marginal Cost Analysis The manager of a T-shirt stand found that the cost to produce 10 T-shirts is $112.59, while the cost to produce 40 T-shirts is $401.58. Assume the cost Cox) is a linear function of x, the number of T-shirts produced. Calculate the marginal cost of a T-shirt, that is the change in cost of producing one additional T-shirt. (Round to 2 decimal places)
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce 10 T-shirts is $105.98, while the cost to produce 40 T-shirts is $398.42. Assume the cost C) is a linear function of x, the number of T-shirts produced. Find the total cost of producing 100 T-shirts.(Round to 2 decimal places)
(a) The production manager of ABC Co. Ltd. has found that the relationship between production cost (y in $) and lot size (x in units) of a certain product is linear. A random sample of eight lots is taken and the results are summarized as below: Xx=941, Xx? = 325751, y=9570, y =32849700 and X xy = 3271030 (i) Find the least squares linear regression equation for predicting production cost on lot size. (4 marks) (ii) Calculate the coefficient of...
SP19 MATH 132-100 Parker Corson 1/19/1910: Quiz: Quiz 0 Subn This Question: 1 pt 5 of 20 (16 complete) This Quiz: 20 pts p The manager of a restaurant found that the cost to produce 300 cups of coffee is $30.75, while the cost to produce 500 cups is $50.35. Assume the cost C(x) is a linear function of x, the number of cups produced. Answer parts a through f a. Find a formula for C(x). Choose the correct answer...
need 5-9 please
Jason believes that the sales of his coffee shop depend upon the weather. He has taken a sample of 5 days Below you are given the results of the sample Temp Cups of coffee sold 700 50 60 500 70 400 80 200 100 90 -You are going to conduct a simple linear regression analysis using this data I. What is the dependent variable? Options-weather,temperature,coffee shops days,cups of coffiee 2. First calculate the value of bl. If...
following are the information
used to solve this problem
Joy the abandoned restaurant can be found a little further down the road. With facilities to produce food and water using the same technology as Dilek's it's a great rest stop for hikers. Manu and Kapi get to the restaurant next day they finish their food and water and now they are their only customers and owners. They decide to split the profits 50/50 and devote both of their time to...
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