1.Use simple regression analysis to develop a cost-estimating equation for total manufacturing costs. A customer has offered to purchase 75 boardshorts for $250 per item. Management has asked your advice regarding whether or not to accept the offer. What advice do you have for management?

2.Use multiple regression analysis to develop a cost-estimating equation for total manufacturing costs. A customer has offered to purchase 75 boardshorts for $250 per item. Management has asked your advice regarding whether or not to accept the offer. What advice do you have for management?

Salys Swiwear produces high-end custom swimsuts. Presented is the monthy ifomation for the last 15months: Total produced Boardshorts Produced Binis Produced 51 34 74 61 123 47 54 69 51 T2 124 148 150 158 January-16 February-16 Mach-16 Apri16 May-16 Jne-16 Jy-16 August-16 September-1h OctobeT-16 Novernber-16 December-16 anuary-17 February-17 March-17 28,431 31,945 35,488 35,78f 12, 700 31,884 30,021 40.455 35,129 37,382 31,201 40,794 36,253 38,880 27,914 T3 114 97 94 106 4 HIGH 141 131 175 159 158 136 176 157 108 81 95 103 40 ?1 Low Salys Swiwear produces high-end custom swimsuts. Presented is the monthy ifomation for the last 15months: Total produced Boardshorts Produced Binis Produced 51 34 74 61 123 47 54 69 51 T2 124 148 150 158 January-16 February-16 Mach-16 Apri16 May-16 Jne-16 Jy-16 August-16 September-1h OctobeT-16 Novernber-16 December-16 anuary-17 February-17 March-17 28,431 31,945 35,488 35,78f 12, 700 31,884 30,021 40.455 35,129 37,382 31,201 40,794 36,253 38,880 27,914 T3 114 97 94 106 4 HIGH 141 131 175 159 158 136 176 157 108 81 95 103 40 ?1 Low