A company produces alarm clocks. During the regular workweek, the labor cost for producing one clock is $4.00
1 answer:
Answer:
The question is not complete, nut here is the complete question ; A company produces alarm clocks. During the regular workweek, the labor cost for producing one clock is $4.00. However, if a clock is produced on overtime, the labor cost is $5.00. Management has decided to spend no more than a total of $51,000 per week for labor. The company must produce 12,000 clocks this week. What is the minimum number of clocks that must be produced during the regular workweek?
Step-by-step explanation:
Tthe detailed analysis and step by step calculation is as shown in the attached file.
You might be interested in
Answer:
a)
b)
c)
Step-by-step explanation:
Data given
x: 500, 700, 750, 590 , 540, 650, 480
y: 7.00, 7.50 , 9.00, 6.5, 7.50 , 7.0, 4.50
Part a
We want to create a linear model like this :
Wehre
And:
With these we can find the sums:
And the slope would be:
Nowe we can find the means for x and y like this:
And we can find the intercept using this:
And the line would be:
Part b
The correlation coefficient is given by:
For our case we have this:
n=7
The determination coefficient is given by:
Part c