Construct a linear model

Assignment Help Business Management
Reference no: EM131301851

Actual price of postage today is 46 cents for the first ounce and 20 cents for each additional ounce.

1: Construct a linear model which can be used to estimate cost of postage.

2: Use your model to estimate the postage of a package which weighs 250 grams.

3: If you are willing to spend no more than $3.00 on postage for a package, what is the most a package can weigh that you could send on budget? Please show steps.

Reference no: EM131301851

Questions Cloud

What is the intent of no fault insurance : What is the intent of no-fault insurance? How does no-fault insurance generally work? What is a disadvantage of no-fault insurance?
How barone and jewell approach could applied to organization : Assess how the Barone and Jewell approach could be applied to your own organization. Discuss what might work and what is not applicable in their approach.
Review and identify furman legal rights : Using your assigned readings, Argosy University online library resources, and the Internet, prepare a paper which addresses the following: Review and identify Furman's legal rights in this situation. Explain the probability that Furman will have to..
Describe the four packages of homeowners insurance : What is homeowner's insurance? How are the premiums normally paid?- List and briefly describe the four packages of homeowner's insurance that focus on insurance for the home.
Construct a linear model : Actual price of postage today is 46 cents for the first ounce and 20 cents for each additional ounce. 1: Construct a linear model which can be used to estimate cost of postage.
Difference between scheduled and unscheduled floaters : Is personal property typically insured under a homeowner's insurance policy? If so, are there limits to the coverage of personal property? What is a home inventory?
Identify the strengths and weaknesses within the strategy : Identify the strengths and weaknesses within the strategy. Examine the IMC strategy for a current product. Include pictures and advertisements or links to advertisements if possible.
How your experiences at university reflect the comments : discuss in a short essay how your experiences at university reflect the comments made by the author.
Factors that affect homeowners insurance premiums : List and briefly describe some of the factors that affect homeowner's insurance premiums.- What are some steps you could take to reduce your home-owner's insurance premium?

Reviews

Write a Review

 

Business Management Questions & Answers

  Describe how government purchases

Describe how government purchases, in your opinion, have helped to stimulate or hinder the U.S. economy. You must provide sound economic analysis in your answer.

  Real causes of a problem

In the development of a problem statement, what are some components you consider important as you identify the real causes of a problem? How would you describe a problem in a way that is clear to the management team that will be evaluating the OIP?

  Tone of the obama administration tenure

In the National Security Strategy of 2010, which set the tone of the Obama Administration's tenure, there are a number of elements discussed as influencing/impacting national security, among them terrorism, natural disasters, climate change/clean ..

  Market research objective questions

Market research objective and multiple choice questions.

  The herfindahl index over concentration ratios

What are the advantages of the Herfindahl index over concentration ratios

  True equilibrium value of a currency

Since 1986, the Economist magazine each year publishes the Big Mac Index to measure the true equilibrium value of a currency based on one product, a Big Mac.

  Budget constraints form both plans cross

Draw a budget constraint for a family with an annual income of $40,000, under both plans assuming medical care has a price of $50 per unit and nonmedical goods have a price of 1. At what quantity of medical care do the budget constraints form both..

  What is the labor productivity ratio

What is the multifactor productivity ratio for the diagnostic department? What does this mean? If the average lab worker spends three hours for each patient, what is the labor productivity ratio? What does this finding means?

  Marketing internationally and export or import practices

Compare and contrast domestic and international marketing. Identify considerations for importing or exporting a product.

  Consideration of the ideas and concepts

Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA..

  Planning for service operations versus manufacturingthe

planning for service operations versus manufacturingthe case study wasservice operations often face more difficulty in

  Compare and contrast the works of each artist

Compare and contrast the works of each artist and note some of the influences that can be seen in the work of the Impressionist artist.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd