What is the name given to the difference between the minimum and maximum values for a data set?

A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost TTT, in dol

andriy [413]

Answer: 2,200 units.

Explanation:

The complete exercise is:

$T = 5c + 12 f$

A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost T, in dollars, for shipping c units to the closer location and shipping f units to the farther location. If the total shipping cost was $47,000 and 3,000 units were shipped to the farther location, how many units were shipped to the closer location?

Given the following equation:

$T = 5c + 12 f$

You know that "T" is the total shipping cost (in dollars), "c" is the number of units shipped to the closer location and "f" is the number of units shipped to the farther location.

Based on the information given in the exercise, you can identify that, in this case:

$T=47,000\\\\f=3,000$

Then, knowing those values, you need to substitute them into the given equation:

$47,000 = 5c + 12(3,000)$

And finally, you must solve for "c" in order to calculate the number of units that were shipped to the closer location.

You get that this is:

$47,000 = 5c + 12(3,000)\\\\47,000-36,000 = 5c\\\\11,000=5c\\\\\frac{11,000}{5}\\\\c=2,200$

3 0

3 years ago

Read 2 more answers

How does financial manager involes operating decision<br>

daser333 [38]

Answer:

they use financial statements and other information prepared by accountants to make financial decision and are focused on the cash flows, the inflows and outflows of cash.

Explanation:

7 0

3 years ago

_____ runs a computer and allows people to use the computer to perform specific tasks, such as creating letters, preparing budge

Komok [63]

Software runs a computer and allows people to use the computer to perform specific tasks, such as creating letters, preparing budgets, managing inventory and customer databases.

<h3>What enables users to perform specific tasks on a computer?</h3>

Application software, also known as an application or an app, is computer software designed to help the user to perform specific tasks.

Examples include enterprise software, accounting software, office suites, graphics software and media players.

Many application programs deal principally with documents.

Software is a set of instructions, data or programs used to operate computers and execute specific tasks.

It is the opposite of hardware, which describes the physical aspects of a computer.

Software is a generic term used to refer to applications, scripts and programs that run on a device.

To learn more about Software, refer

https://brainly.ph/question/2347771

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6 0

2 years ago

India specializes in business process outsourcing and does this more efficiently than any other country. It buys agricultural co

uysha [10]

Answer:

Ricardo’s Theory of Comparative Advantage

Explanation:

Comparative advantage is the term used to define the ability of an individual, firm or country to produce a particular good or service at a lower opportunity cost than that if it’s competitors or trade partners. Opportunity cost is the benefit lost from the second best alternative.

When a country can produce a product more efficiently (i.e maximum output using minimum resources) than that of its trade partners, it is known as that it has absolute advantage in that product. India tends to have absolute advantage in both business processes outsourcing as well as producing agricultural commodities as it is mentioned that it can produce both of these more efficiently than the United States.

However, although it has absolute advantage in both, it is still less efficient in producing agricultural commodities when compared to business process outsourcing. In other words, if it attempts to produce agricultural commodities in-house, the benefit lost from the second best alternative: business process outsourcing is high. The opportunity cost is higher when it produces agricultural commodities than it is when it does business process outsourcing. Hence, due to the law of comparative advantage, it chooses to specialize in business process outsourcing and imports agricultural commodities.

5 0

3 years ago

A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed

VLD [36.1K]

Answer:

A farmer is the one that owns the cattle and is ready to sell it on the market demand, while the meatpacker is the one who buys the product and sells it in different parts to the end consumers.

Since they both are using the commodity market to reduce the risk, the farmer will be the one who agrees to sell the cattle in the future at a fixed rate, while the meatpacker will be the one who agrees to buy the cattle in the future at a specified price fixed by him.

Hope this helps. ThankYou.

3 0

3 years ago