Dyson is developing a special edition of their popular hair tool, the Air Wrap, just in time for the holidays. They aren't sure how many are going to sell, but they were provided with three cost quotes and are assuming the relationship is linear (best fit). The demand ends up being much higher than expected and they need 20,000 tools. How much will this cost? Cost Quote $782,950 $1,589,500 $2,300,750 Units Min Order 3000 7500 15000| Med Order Max Order

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Dyson is developing a special edition of their popular hair tool, the Air Wrap, just in
time for the holidays. They aren't sure how many are going to sell, but they were
8 provided with three cost quotes and are assuming the relationship is linear (best fit).
The demand ends up being much higher than expected and they need 20,000 tools.
How much will this cost?
Units
Min Order
Med Order
Max Order
Cost Quote
$782,950
$1,589,500
$2,300,750
3000
7500
15000
Transcribed Image Text:Dyson is developing a special edition of their popular hair tool, the Air Wrap, just in time for the holidays. They aren't sure how many are going to sell, but they were 8 provided with three cost quotes and are assuming the relationship is linear (best fit). The demand ends up being much higher than expected and they need 20,000 tools. How much will this cost? Units Min Order Med Order Max Order Cost Quote $782,950 $1,589,500 $2,300,750 3000 7500 15000
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