Answer:
True
Step-by-step explanation:
The least total cost method is the method in which the total cost of the ordering cost and the total carrying cost is equal among various lot size available.
The order quantity should be choose when the total ordering cost and the total carrying cost equal to each other
The formula to compute the economic order quantity is shown below:
a. The computation of the economic order quantity is shown below:
It is always be expressed in units
The formula to compute the ordering cost is
And, the formula to compute the carrying cost is
Hence, the given statement is true
Answer:
a
Step-by-step explanation:
3/15 simplifies to 1/5
The extraneous solution of startroot 4 x 41 endroot = x 5 will be A. -8.
<h3>What is an extraneous solution?</h3>
It should be noted that an extraneous solution simply means a root of a transformed equation which isn't part of the original equation.
✓4x + 41 = x + 5
Square both sides
4x + 41 = x² + 10x + 25
x² + 6x - 16
x(x + 8) - 2(x + 8) = 0
x + 8 = 0
x= 0 + 8 = 8
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Answer:
I'm not gonna answer
Step-by-step explanation:
but u have to multiply and divide your answer
Answer: 1) The best estimate for the average cost of tuition at a 4-year institution starting in 2020 =$ 31524.31
2) The slope of regression line b=937.97 represents the rate of change of average annual cost of tuition at 4-year institutions (y) from 2003 to 2010(x). Here,average annual cost of tuition at 4-year institutions is dependent on school years .
Step-by-step explanation:
1) For the given situation we need to find linear regression equation Y=a+bX for the given situation.
Let x be the number of years starting with 2003 to 2010.
i.e. n=8
and y be the average annual cost of tuition at 4-year institutions from 2003 to 2010.
With reference to table we get
By using above values find a and b for Y=a+bX, where b is the slope of regression line.
and
∴ To find average cost of tuition at a 4-year institution starting in 2020.(as n becomes 18 for year 2020 if starts from 2003 ⇒X=18)
So, Y= 14640.85 + 937.97×18 = 31524.31
∴The best estimate for the average cost of tuition at a 4-year institution starting in 2020 = $31524.31
