Assume the local Pearle Vision has the following information on the number of sales orders received and order-processing costs.

Month Sales Orders Order-Processing Costs

1 ........................................ 3,000 $82,700

2 ........................................ 1,500 50,375

3 ........................................ 4,400 120,700

4 ........................................ 2,800 81,900

5 ........................................ 2,300 69,775

6 ........................................ 1,200 43,100

7 ........................................ 2,000 62,500

Required

a. Use information from the high- and low-volume months to develop a cost-estimating equation for

monthly order-processing costs.

b. Plot the data on a scatter diagram. Using the information from representative high- and low-volume

months, develop a cost-estimating equation for monthly production costs.

c. What factors might have caused the difference in the equations developed for requirements (a) and (b)?

* can i have the answer as a text not pictures