Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed
image text in transcribed
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 s t s 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 were $82,020 and $68,270, 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.) $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Geometry

Authors: David A Brannan, Matthew F Esplen, Jeremy J Gray

2nd Edition

1139200658, 9781139200653

More Books

Students also viewed these Mathematics questions