Question
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during
Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.4 cents per kilometer. If a truck is driven only 70,000 kilometers during a year, the average operating cost increases to 13.4 cents per kilometer.
This is the intro^^
But the question is "Express the variable and fixed costs in the form Y = a + bX.(Do not round your intermediate calculations. Round the Variable cost per kilometer to 3 decimal places.)"
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