What weekly production level (number of sleeping bags) will maximize profit? Yaster Outfitters 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 r sleeping bags.Using the regression model computed above, find a model for the weekly revenue, using a as the(sleeping bags)P (S)C (S)independent variable.9524013.000120NOTE: Do not calculate another regression. Use the price equation to find a model for revenue23514.300R(x) = p x.18015518.50022050R(x) =p x = (a + bx + cx²)x21.000I = ar + bz + cxCost ModelFind a linear regression model for the weekly cost data, using x as the independent variable.Find a quadratic regression equation for the price-demand data, using x as the independent variable.C(x) = mx + kp= a+ bx + cx?Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places.Round m to 1 decimal place, and round k to the nearest integer.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 + tx³3decimal 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.What weekly production level will maximize profit? Round to 1 decimal place.sleeping bagsO words* Accessibility: InvestigateCFocus22396K 国10:26 PMType here to search13%11/16/2021ERPrtScInsertDeleteFBF9F10F11F12F3FAF5F6F7F2%23BackspaceNumLock4708.2.+ I/

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Yaster Outhers manutachures and welh estreme-cold sleeping bags The table below shows the price-demand and total cost data where Revenue Model ph the wholesale price in dollan of a sleeping bag for a weekly demand ofsleeping bags Cisthe total cost n dullard of producing sleeping bags Using the regression model computed above, find a model for the weekly revenue, using z as the a sleeping bags independent variable. 1240 13.000 NOTE: Do not calculate another regression Use the price equation to find a model for revenue R(2) -p-a. 20 235 14300 180 155 18.500 R(z)-p-z (a + bz + cz)a ar + ba+e 1220 s0 21.000 Cost Model Find a linear regression model for the weekly cost data, using z as the independent variable. C(z) = mx + k Find a quadratic regression equation for the price-demand data, using e as the independent variable. P-a+ be + cz Round 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 e to 4 decimal places. Profit Model Use the models computed to find a model for the weekly profit, using az as the independent variable. The weekly profit model has roots at z = –52.789, r = 47.555, and z = 202.944, rounded to 3 P(z) -r+uz + sz? + tz decimal places. NOTE: Do not calculate another regression. Use the fact that profit is revenue minus cost. Round r to the nearest integer, round u to1 decimal place, round a to 2 decimal places, and round t The marginal weekly profit model has roots at x = -8.488 and r = to 4 decimal places. 140.295, rounded to 3 decimal places. What weekly production level will maximize profit? Round to 1 decimal place. sleeping bags

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter5: A Survey Of Other Common Functions

Section5.6: Higher-degree Polynomials And Rational Functions

Problem 1TU: The following fictitious table shows kryptonite price, in dollar per gram, t years after 2006. t=...