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Answer:
Step-by-step explanation:
According to the sales manager, sales volume and advertising expenditures are modeled according to the linear equation.
Estimated Sales Volume=46.41+0.45(Advertising Expenditures)
If the company has target sales volume of $200,000, we are to determine its proposed advertising expenditure.
Estimated Sales Volume=46.41+0.45(Advertising Expenditures)
200000=46.41+0.45(Advertising Expenditures)
200000-46.41=0.45(Advertising Expenditures)
Advertising Expenditures
The sales Manager should allocate $444,341 for advertising in the budget.