2. DG Co has recorded the following total costs during the last five years. Total cost $ Year 2010 2011 2012 2013 2014 Required Output volume Units 65,000 80,000 90,000 60,000 75,000 145,000 162,000 170,000 140,000 160,000 Calculate the total cost that should be expected in 2015 if output is 85,000 units. a. Using High-low method b. Using the Least squared method
2. DG Co has recorded the following total costs during the last five years. Total cost $ Year 2010 2011 2012 2013 2014 Required Output volume Units 65,000 80,000 90,000 60,000 75,000 145,000 162,000 170,000 140,000 160,000 Calculate the total cost that should be expected in 2015 if output is 85,000 units. a. Using High-low method b. Using the Least squared method
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter11: Differential Equations
Section11.EA: Extended Application Pollution Of The Great Lakes
Problem 2EA
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![2. DG Co has recorded the following total costs during the last five years.
Total cost $
Year
2010
2011
2012
2013
2014
Required
Output volume Units
65,000
80,000
90,000
60,000
75,000
145,000
b. Using the Least squared method
162,000
170,000
140,000
160,000
Calculate the total cost that should be expected in 2015 if output is 85,000 units.
a. Using High-low method](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa3158e68-776a-4228-9fdf-a485a923fea8%2Fa3596b28-0286-4a68-8ee8-9ee66420fe1f%2Fvjjux9c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2. DG Co has recorded the following total costs during the last five years.
Total cost $
Year
2010
2011
2012
2013
2014
Required
Output volume Units
65,000
80,000
90,000
60,000
75,000
145,000
b. Using the Least squared method
162,000
170,000
140,000
160,000
Calculate the total cost that should be expected in 2015 if output is 85,000 units.
a. Using High-low method
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