A certain manufacturing company has the following data on quantities shipped and unit costs for each of its four products. Mean Shipping Cost per Unit ($) Products Base-Period Quantities (Year 1) Year 1 Year 5 A 1,500 10.50 15.90 B 5,000 16.25 31.00 C 6,500 12.20 18.40 D 2,500 20.00 35.50 Paasche index for the shipping cost if year 5 quantities are 4,500, 3,000, 8,000, and 3,000 for products A, B, C, and D, respectively. (Round your answer to the nearest integer.) Use the price data to compute 15 = 168 X Submit Answer

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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A certain manufacturing company has the following data on quantities shipped and unit costs for each of its four products.
Mean Shipping Cost
per Unit ($)
Products
Base-Period
Quantities (Year 1)
Year 1
Year 5
A
1,500
10.50
15.90
B
5,000
16.25
31.00
с
6,500
12.20
18.40
D
2,500
20.00
35.50
Use the price data to compute a Paasche index for the shipping cost if year 5 quantities are 4,500, 3,000, 8,000, and 3,000 for products A, B, C, and D, respectively. (Round your answer to the nearest integer.)
15 = 168
X
Submit Answer
Transcribed Image Text:A certain manufacturing company has the following data on quantities shipped and unit costs for each of its four products. Mean Shipping Cost per Unit ($) Products Base-Period Quantities (Year 1) Year 1 Year 5 A 1,500 10.50 15.90 B 5,000 16.25 31.00 с 6,500 12.20 18.40 D 2,500 20.00 35.50 Use the price data to compute a Paasche index for the shipping cost if year 5 quantities are 4,500, 3,000, 8,000, and 3,000 for products A, B, C, and D, respectively. (Round your answer to the nearest integer.) 15 = 168 X Submit Answer
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