What wholesale price per sleeping bag should be charged to realize maximum weekly profit? What is the wholesale price per sleeping bag that should be charged to realize the maximum weeklyprofit? Round to the nearest cent.O L C C虱F3F4F5F6F7F8PrtScF9F10F11F12&T//YFGKL%3BP* 0044 Yaster Outhtters manufactures and sells extreme-cold sleeping bags. The table below shows theprice-demand and total cost data, where:Revenue Modelpis the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags:.Cis the total cost (in dollars) of producing z sleeping bags.Using the regression model computed above, find a model for the weekly revenue, using a as the(sleeping bags)P (S)C ($)independent variable.9524013.000NOTE: Do not calculate another regression. Use the price equation to find a model for revenue12023514,300R(x)= p aæ.18015518,500R(x) = p·x = (a + bx + cx²)x= ax + bx²+ cr³2205021.0001Cost ModelFind a linear regression model for the weekly cost data, using a as the independent variable.C(x) = mx + kFind a quadratic regression equation for the price-demand data, using x as the independent variable.p= a+ bx + cx²Round m to 1 decimal place, and round k to the nearest integer.Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places.Profit ModelUse the models computed to find a model for the weekly profit, using x as the independent variable.The weekly profit model has roots at x = -52.789, x=47.555, and x =202.944, rounded to 3P(z) =r+ux + sx² + tx³decimal places.NOTE: Do not calculate another regression. Use the fact that profit is revenue minus cost.Round r to the nearest integer, round u to 1 decimal place, round s to 2 decimal places, and round tThe marginal weekly profit model has roots at x = -8.488 and x =140.295, rounded to 3to 4 decimal places.decimal places.I.rdsEo* Accessibility: InvestigateO Focus223%1:42 AMLCW77%pe here to search11/17/2021PrtScInsertDeleteF7F8F10F11F12FSF5F9&Backspace567.80%23

Given information: Given data represents the values of the variables x = sleeping bags, p = price…

Answered: Yenter Outfers manactures and sels…

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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La Quinta is a moderately priced chain of motels in the USA. Its market is frequent business travelers. Thechain recently launched a campaign to increase maket share by building new motels. Operating margin is theratio of the sum of profit, depeciation and interest expenses divided by total revenue. Thus operating marginis measured in percent units and the higher the operating margin the bigger the success of the motel. Let Ybe the operating margin of a La Quinta motel. Let x1 be the number (in thousands) of total motel and hotel rooms within three miles. Let x2 be the office space (in thousand square meters) in the surrounding community. Let x3 be the median household income in the surrounding community (in thousands dollars). Let x4 be the distance (in miles) from the downtown core. The management acquired data on 40 randomly selected La Quinta motels. The sample measurements, x1, x2, x3, x4 and y are given below. A multiple regression model with Y as the dependent variable and x1,…
Until now, debit card fees have been 44 cents a transaction, on average. The Federal Reserve in June agreed to cut the fees to a maximum of about 24 cents. While the fee amounts to pennies per swipe, it rapidly adds up across millions of transactions. The new limit is expected to cost the banks about $6.6 billion in revenue a year. What percentage of a $10 debit card transaction does a merchant have to pay to the bank that issued the card? How will that percentage change when the new rule takes effect?
The population of the earth was 3.5 billion in 1970 and was increasing at a rate of 2 percent per year. With this rate, when will the population of the earth rated 50 billion?
A person has 3 liters of extracellular water in blood (vascular volume). Assuming 70% of the body weight is from water. Calculate the weight of this person.
The Athletic manufactures standard-size tennis racket and oversize tennis racket. Each standard-size racket uses 0.125 kg of alloy and each oversize racket uses 0.4 kg of alloy. Over the next two weeks' production period, only 80 kg of alloy are available. Each standard-size racket uses 10 minutes of manufacturing time and each oversize racket uses 12 minutes. 40 hours of manufacturing time are available each week. The profit contributions are RM10 for each standard-size racket and RM15 for each oversize racket. The management specified that the production of standard-size rackets must be at least 20% of the total production. Formulate the above Linear Programming (LP) problem if the company would like to maximize the total profit contributions over the next TWO WEEKS.
Joe, the owner of Genuine Reproductions (GR), a company that manufactures reproduction furniture, is interested in measuring inventory effectiveness. Last year the cost of goods sold at GR was $3,000,000. The average inventory in dollars was $250,000. (a) Calculate the inventory turnover for GR. (b) Calculate the weeks of supply. Assume 52 weeks per year. (c) Calculate the days of supply. Assume that GR operates 5 days per week.

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