Effect of Advertising on Sales Metro Department Store found that t weeks after the end of a sales promotion the volume of sales was given by S(t) = B + Ae-kt (0 sts 4) where B = 46,000 and is equal to the average weekly volume of sales before the promotion. The sales volumes at the end of the first and third weeks we $84,510 and $61,670, respectively. Assume that the sales volume is decreasing exponentially. (a) Find the decay constant k. (Round your answer to five decimal places.) k = [ (b) Find the sales volume at the end of the fourth week. (Round your answer to the nearest whole number.)
Effect of Advertising on Sales Metro Department Store found that t weeks after the end of a sales promotion the volume of sales was given by S(t) = B + Ae-kt (0 sts 4) where B = 46,000 and is equal to the average weekly volume of sales before the promotion. The sales volumes at the end of the first and third weeks we $84,510 and $61,670, respectively. Assume that the sales volume is decreasing exponentially. (a) Find the decay constant k. (Round your answer to five decimal places.) k = [ (b) Find the sales volume at the end of the fourth week. (Round your answer to the nearest whole number.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 27E
Related questions
Question
1.9) Calculus homework
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781337278461
Author:
Ron Larson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill