(a)X Your answer is incorrect.Calculate the unit variable costs and fixed costs using regression analysis for this mixed cost. Present your solution in the form of acost formula. (Round answers to 2 decimal places, e.g. 2.45.)Intercept6.70Slope300.86The cost equation is: $6.70+ $300.86units produced = Total cost The controller of Crane Industries has collected the following monthly cost data for analyzing the behaviour of electricity costs.TotalTotalElectricity CostsMachine HoursJanuary$ 2,200260February2,940390March3,530500April4,520685May3,150490June4,990700July4,020645August3,800570September5,080675October4,380615November3,360390December6,150720

Given the data as Total Electricity Costs Total Machine Hours January 2200 260 February…

Answered: The controller of Crane Industries has…

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

See similar textbooks

Similar questions

Find the mean hourly cost when the cell phone described above is used for 240 minutes.
Given the following data for demand at the XYZ Company, calculate the monthly forecast for 2003 using a 3-month moving average. Calculate the Forecast, Error, MAD (mean absolute percentage error), Bias and the TS (tracking signal) .
The Excel file (Forecasting Assignment Data) contains quarterly motorcycle shipments for Harley-Davidson from 2000 through 2006. Forecast Harley-Davidson quarterly motorcycle shipments for 2007 using winter's method
The percentage of employees who cease their employment during a year is referred to as employee turnover, and it is a serious issue for businesses. The following table shows the cost, in millions of dollars, to a certain company for a given employee turnover percentage in a year.
Q. 1 The discharge analysis report of Anywhere Health Care Facility shows 1752 discharges (including deaths) for October 2020. Fifty-two deaths were also shown in the report. Find gross death rate. Q. 2 Inpatient deaths at Anywhere Health Care Facility for 2020 totalled 150. Inpatient deaths that occurred less than 48 hours after admission to the facility totalled 75. Total discharges (including deaths) were 25,546. Calculate net death rate. Q. 3 Anywhere Health Care Facility performed 692 surgical procedures during March and administered 652 anaesthetics. Deaths resulting from the administration of an anaesthetic totalled five for the month. Find Anaesthesia death rate. Q. 4 Surgery was performed on 492 patients in the Anywhere Health Care Facility during March, and 27 of those patients died within 10 days of surgery. Find Postoperative death rate. Q.5 In the month of June 4500 inpatients days were served in a hospital with 150 beds. Calculate the percentage of inpatient occupancy…
An environmental engineer wants to evaluate three different methods for disposing of nonhazardous chemical waste: land application, fluidized-bed incineration, and private disposal contract. Use the estimates below to help her determine which has the least cost at /= 15.00% per year on the basis of an annual worth evaluation. First Cost AOC per Year Salvage Value Life Land $-145000 $-86000 $23000 4 years Incineration $-760000 $-70000 $260000 6 years Contract O $-132000 O 2 years
The Table below represents volume and trip cost data from which you are asked to determine the following: d) Volume of drivers paying the optimum toll Value of Trip Average Volume (vph) | to Last Driver Vehicle Trip Entering ($) Traffic Cost to all vehicles by the last driver entering the highway ($) Cost ($) 2725 6.06 4.00 0.00 3000 5.75 4.00 0.00 3250 5.44 4.07 0.09 3500 5.13 4.18 0.25 3750 4.82 4.32 0.50 4000 4.5 4.50 0.80 4250 4.19 4.72 1.19
The marketing manager of "ABC Tapes" wants to assess the competitiveness of the company's product in the market. Table 1 represents the prices and quantities of blank cassette tapes sold in January 2016 and January 2020. TABLE 1 2016 2020 Length of tapes Price Quantity Price Quantity 30 minutes R 4.00 32 R 5.60 40 60 minutes R 4 30 150 R 6.15 190 90 minutes R 4.60 100 R 7.40 130 Using 2016 as base and calculate for 2020 the following: Determine the Laspeyres price index: a) 149.492 Ob) 149.367 Oc) 66.949 d) 66.893
(b) Estimate the standard errors of the slope and intercept. Round your answer to three decimal places (e.g. 98.765) se B, Round your answer to two decimal places (e.g. 98.76) se(bo ) = I (c) Test the hypothesis Ho: B1 = 10 versus H1:ß1 + 10using a = 0.01. v Họ and conclude the slope 10 at a = 0.01. (d) Test the hypothesis Ho: Bo = 0 versus H1: Bo # 0 using a = 0.01. Họ and conclude that the intercept v be included in the model.

Recommended textbooks for you

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

Intermediate Algebra

Algebra

ISBN:

9780998625720

Author:

Lynn Marecek

Publisher:

OpenStax College

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

Intermediate Algebra

Algebra

ISBN:

9780998625720

Author:

Lynn Marecek

Publisher:

OpenStax College

Glencoe Algebra 1, Student Edition, 9780079039897…

Algebra

ISBN:

9780079039897

Author:

Carter

Publisher:

McGraw Hill

SEE MORE TEXTBOOKS