User Account

All Pages

What is the average cost increase per year

Assignment Help Algebra
Reference no: EM131029012

The president of a small manufacturing firm has been concerned about continual growth in manufacturing cost over the past several years. the following is time series of the cost per unit(in dollars) for the firm's leading product over the past eight years

Year Cost per Unit ($)
1 20.00
2 24.50
3 28.20
4 27.50
5 26.60
6 30.00
7 31.00
8 36.00

a.Graph this time series. Does a linear trend appear?

b. develop the equation for the linear trend component for the time series. What is the average cost increase per year?

Reference no: EM131029012

Questions Cloud

How many memory devices of each type should be manufactured : A solution of 80 640 Gb models and 320 1Tb models would satisfy the requirement that 20% of the production run is the 640 GB model. Is this solution workable? If not, why not?
What might company do to improve its competitive position : What might the company do to improve its competitive position? Describe options and the strategic advantage(s) of these options. Consider both competitive and cooperative options
Find a tangent line with a specific property : For any point (x,f(x)) on the graph of f, let (x+h,f(x+h)) be another point on the graph of f, where h [cannot]= 0 . The slope of the (secant) line joining the two points (x,f(x)) and (x+h,f(x+h)) can be simplified to the form A/(sqrt(7x+6))+(sqrt..
What is the project expected cost for the total project : What is the project expected cost (EC) for the total project? What is the project expected time (ET) for the total project?
What is the average cost increase per year : develop the equation for the linear trend component for the time series. What is the average cost increase per year?
Estimating the beginning of humanity : Does Art Matter? Does it have any real impact, meaning, resonance, or any affect in your life, or anyone's - back to the beginning of humanity?
Determine whether the equation defines y as a function of x : Evaluate the function at the given value of the independent variable and simplify.
Determine the organization competitive position : Perform competitor benchmarking. Assess the structure of the organization and the influence this has on its performance and Determine the organization's competitive position and the possibilities this provides
Journals in regard to race relations : An annotation is a half-page review of the exact contents of the article. These annotated citations should be obtained by locating and reading sources in major social science journals and law journals in regard to Race Relations.

Reviews

Write a Review

Algebra Questions & Answers

  Describe mathematical equation of a standard linear function

Differentiate between a function and a linear function. Describe the mathematical equation of a standard linear function. Describe how to compute the slope of a line.

  Show that is a subgroup of g that contains x

show that C=H for every subgroup H such that XC=H. Thus is the smallest subgroup of G that contains X, and is called the subgroup generated by X.

  Determining monthly payment of student loan

Suppose that you have student loan of $80,000 with an APR of 7% for 30 years. If you decide to pay off the loan in 20 years instead of 30.

  Graph the marginal product and average product

Graph the marginal product (MP) and average product (AP) for each of the following equations by plugging in numbers. (Graph the highlighted equations).

  Direction of inequality symbol

When solving an inequality, when is it necessary to change the direction of the inequality symbol?

  Make a cost function for the problem

Make a cost function for the problem

  What fraction equal to the decimal

what fraction equal to the decimal .38

  Briefly explain why function f is not a one-to-one function

Define the function f: R  → R by f(x) = x2 - 6. Briefly explain why f is not a 1-1 (one-to-one) function. Is the function g: Z  →   Z defined by g(n) = [n/2] a one to one function?

  What is the maximum revenue to the nearest thousand dollars

Find the output (to the nearest hundred computers) that will produce the maximum revenue. What is the maximum revenue to the nearest thousand dollars?

  To earn full credit show how you solved the problem by

if you are looking at the horizon you can determine the distance you are from the horizon in miles d from a height h in

  When we add subtract multiply and divide we discover there

when we add subtract multiply and divide we discover there are basic properties that govern what we can and cannot do.

  Write a system of inequalities representing given situation

Write a system of inequalities representing this situation, where x is the number of bouquets and y is the number of wreaths. Then graph the system of inequalities.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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