Answer:
- 30 sets of model B
- 20 sets of model A
Step-by-step explanation:
To maximize profit, the greatest possible number of the most profitable item should be manufactured. Remaining capacity should be used for the less-profitable item.
Up to 30 of model B, which has the highest profit, can be made each day. The remaining amount (20 sets) of the daily capacity of 50 sets should be used to make model A sets.
Answer:
786
Step-by-step explanation:
6•1=6
6•30=180
6•100=600
600+180+6=786
The best way is the third one which is c
Answer:
Step-by-step explanation:
Hello!
A linear regression for the price of renting a room in a hotel and the rating said hotel received was calculated from a sample of n= 25 hotels.
The theoretical regression model is E(Y)= α + βXi
And the estimated regression equation is: ^Y= a + bXi
Where:
The estimator for the slope is b= 125
And the estimator of the Y-intercept is a= -400
So for this example the estimated regression line for the price of the hotel rooms given the ratings of the hotel is:
^Y= -400 + 125 Xi
^Y= represents the estimated average price of a hotel room
a= -400 is the estimated average price of a hotel room when the rating of the hotel is zero.
b= 125 is the modification of the estimated average price of a hotel room when the rating of the hotel increases one unit.
I hope this helps!