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Andrews Ceramics produces specialty ceramic products for multiple uses. The company is evaluating a proposal from a start - up company that is manufacturing micro
Andrews Ceramics produces specialty ceramic products for multiple uses. The company is evaluating a proposal from a startup company that is manufacturing micro generators. The startup wishes to purchase a quantity of your Type D ceramic spools. You believe that micro generators could be a growth market in the future. Being an early supporter of the startup business could allow for substantial future business for your company.
Using regression analysis, determine the costestimating equation to manufacture Type D ceramic spools.
Month Spools Produced Manufacturing Costs
January $
February $
March $
April $
May $
June $
July $
August $
September $
October $
November $
December $
What is the lowest price that your company could accept without making the company worse off?
Enter your answer rounded to two decimals; for instance, Do not include the dollar sign $ in your answer.
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