Dyson is developing a special edition of their popular hair tool, the Air Wrap, just intime for the holidays. They aren't sure how many are going to sell, but they were8 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?UnitsMin OrderMed OrderMax OrderCost Quote$782,950$1,589,500$2,300,7503000750015000

Answered: Image /qna-images/answer/0b3c3495-7f36-4f93-81ea-3c37fbc8e468.jpg

Answered: Dyson is developing a special edition…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Estimate the demand at the price level $180. pans. Round to the nearest pan. Use the screenshot to answer the question appreciate the help!!
Estimate the lowest price at which the demand is zero. $ . Round to the nearest dollar. Refer to screenshot attached below thanks!
Eid-ul-Adha is right around the corner. Every year End largely affects the commodity market. Suppose, Government has imposed a maximum selling price of per kg onion at 50 taka, whereas the market price was 70 taka per kg before the announcement a. explain the effects of this ceiling price on the demand and supply of the onion market. In your graph , show the effects of the price changes on quantity demanded and quantity supplied. Does it create excess supply or excess demand? What will happen to the market price? b. In the above situation, who (buyers or sellers) is going to get the benefit from such policy? Explain it in your own words (due: use a graph where a Price Ceiling is binding)
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Describe the results of your two graphs as they compare to the movement of demand. Be specific. Choosing between the three-period and the five-period forecasts, which length of averaging would you use as a purchasing manager of Greenfield’s Tannery? Be sure to factor in the cumulative forecast errors in your answer. Also, make sure you include some rationale about why you are picking the method you do for this particular business. So for example, does picking one method over the other have any impact on how much inventory they will have on hand to meet customer demand? What happens when the demand drops? Which method better supports that?
The company has data on demand and factory capacity for the next 4 months as in the table. Unit cost with regular time $ 24, overtime cost $ 28, on subcontract $ 34. Storage costs $ 2 per unit per month; backorders cost $ 5 per unit per month. Initial inventory is as many as 120 units, and it is expected that by the end of July there will be an inventory of 100 units. April May June July Demand 460 450 480 480 Regular Capacity 370 370 380 380 Overtime Capacity 60 60 60 60 Subcontract Capacity 30 30 30 30 Use the transportation method to optimize the aggregate plan. Determine the production cost each month and the total cost for 4 months
Please solve with accurate steps.
A hotel is monitoring how the number of increases in price affects the weekly profit. The table models the weekly profit, y, after a given number of price increases, x. Which type of models would best fit the data?
This is an MCQ kindly answer with proper explanation
A tour guide charges a price of $600 per person for a jungle tour and typically 8 persons sign up for the tour. One time the guide offers the jungle tour at a discounted price of $525 per person and finds that 11 persons sign up for the tour. Assuming the demand trend is linear and that for each price drop of $25, one more person is interested in the tour, what size of group a will produce the largest revenue for the tour guide? I
The Country Fields Retirement Community ch $6000/month for a single senior citizen to resi an efficiency apartment with assisted living The facility has operating expenses of $600,00 month. Staffing levels are dependent on the n of residents. Each senior who enters the comm requires additional food, personal care, and s staff time. The estimated cost for each pers $4000 per person per month. (a) How many senior citizen residents does the ity need to have in order to reach the break point? (b) What is the company's annual profit or in they maintain an average residency level senior citizens?
An entrepreneur who owns and operates two businesses (A and B) would like to analyze their profitability. They would like your help in the analysis. They give you the annual net profit (in thousands of $) for each business from 2008-2020. Table 1: Annual Net Profits for Businesses A and B Business Year Profit Business Year Profit 2008 -50 2008 -10 2009 57 2009 30 2010 71 2010 27 2011 64 2011 22 2012 60 2012 21 2013 50 2013 20 A 2014 41 2014 24 2015 59 2015 24 2016 71 2016 32 2017 71 2017 36 2018 74 2018 37 019 81 20 40 2020 97 2020 49 a. Suppose you want to graph the distribution of profits. Explain why using only one stem- plot might not be optimal for the analysis. b. Describe the correct stemplot to use. Generate this stemplot. Explain your steps. What can you say about the distribution from this stemplot? c. When are stemplots useful? And why is that? d. Suppose that instead of having 26 observations you have 200 observations. What graph should you generate? e. What other type of…

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