Find a linear regression model for the weekly cost data, using a as the independent variable. C(x) = mx + k Round m to 1 decimal place, and round k to the nearest integer. Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: ⚫ p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags; . C is the total cost (in dollars) of producing a sleeping bags. x(sleeping bags) P ($) C ($) 95 240 13,000 120 235 14,300 180 155 18,500 220 50 21,000
Find a linear regression model for the weekly cost data, using a as the independent variable. C(x) = mx + k Round m to 1 decimal place, and round k to the nearest integer. Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: ⚫ p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags; . C is the total cost (in dollars) of producing a sleeping bags. x(sleeping bags) P ($) C ($) 95 240 13,000 120 235 14,300 180 155 18,500 220 50 21,000
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter3: Functions
Section3.3: More On Functions; Piecewise-defined Functions
Problem 88E
Question
What is the weekly fixed cost of producing sleeping bags? Round to the nearest integer.
$_____
What is the marginal weekly cost at production level 146 sleeping bags per week? Round to 1 decimal place.
$_____per sleeping bag
Use the cost model to estimate the average weekly cost per bag when the weekly demand is 200. Round to the nearest cent.
$____ per sleeping bag
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