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An analysis of the cost of operating a truck was conducted by accounting manager Diac Band. The following model was developed: y=1600+0.11 x m, where y is the annual cost and m is the miles driven. If the car is driven 1450 this year, what is the forecasted cost of operating this automobile? (Do not round intermediate calculations. Round your final answers to the nearest whole number. Do not enter any units. Corsdemir, Copyrighted content. Cannot be posted)

An analysis of the cost of operating a truck was conducted by accounting manager Diac Band. The following model was developed: y=1600+0.11 x m, where y is the annual cost and m is the miles driven. If the car is driven 1450 this year, what is the forecasted cost of operating this automobile? (Do not round intermediate calculations. Round your final answers to the nearest whole number. Do not enter any units. Corsdemir, Copyrighted content. Cannot be posted)

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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An analysis of the cost of operating a truck was conducted by accounting manager Diac Band. The following model was developed: y=1600+0.11 x m, where y is the annual cost and m is the miles driven. If the car is driven 1450 this year, what is the forecasted cost of operating this automobile? (Do not round intermediate calculations. Round your final answers to the nearest whole number. Do not enter any units. Corsdemir, Copyrighted content. Cannot be posted)
Transcribed Image Text:An analysis of the cost of operating a truck was conducted by accounting manager Diac Band. The following model was developed: y=1600+0.11 x m, where y is the annual cost and m is the miles driven. If the car is driven 1450 this year, what is the forecasted cost of operating this automobile? (Do not round intermediate calculations. Round your final answers to the nearest whole number. Do not enter any units. Corsdemir, Copyrighted content. Cannot be posted)
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