Solve the following problem. Round dollar amounts to the nearest cent. Round other amounts to the nearest tenth. Write rates as percents to the nearest tenth of a percent. U PhoJudy Gregory, a production engineer, was able to increase the efficiency of a manufacturing facility. Bydoing so, she decreased the cost to manufacture of a commercial quality lawn mower by $18, which was15% of the former cost. What will be the new reduced cost to manufacture the lawn mower?WWC100

Base amount is the value on which percentage depends. Rate is the percentage rate which hasto be…

Answered: Judy Gregory, a production engineer,…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Solve the following problem. Round dollar amounts to the nearest cent. Round other amounts to the nearest tenth. Write rates as percents to the nearest tenth of a percent.

U Pho
Judy Gregory, a production engineer, was able to increase the efficiency of a manufacturing facility. By
doing so, she decreased the cost to manufacture of a commercial quality lawn mower by $18, which was
15% of the former cost. What will be the new reduced cost to manufacture the lawn mower?
W
W
C1
00

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