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Rabuet Travel offers helicopter service from suburban towns to John F. Kennedy International Airport in New York City. Each of its 8 helicopters makes between

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Rabuet Travel offers helicopter service from suburban towns to John F. Kennedy International Airport in New York City. Each of its 8 helicopters makes between 900 and 1,500 round-trips per year. The records indicate that a helicopter that has made 900 round-trips in the year incurs an average operating cost of $750 per round-trip and one that has made 1,500 round-trips in the year incurs an average operating cost of $600 per round-trip Read the requirements "a" Requirement 1. Using the high-low method, estimate the linear relationship y=a+bX, where y is the total annual operating cost of a helicopter and is the number of round-trips it makes to JFK airport during the year. Requirement 2. Give examples of costs that would be included in a and in b. Begin by selecting which type of costs of and represent, then select the costs that correlate with that cost typo, use each cost only one Fixed costs Variable costs Depreciation Baggage handling Insurance Fuel Salaries Landing foes Requirement af Rabuet Travel expects each holcopter to make on average, 1,200 round-trips in the coming year, what should its estimated operating budget for the helicopter floot be? Rabuet Travel's estimated operating budget for all 8 holicopters in the fleet combined should be Choose from any list or enter any number in the input fields and then continue to the next question Save for Later W atv A MacBook Pro rements $600 per round-trip operating cost of $750 per round- 1. Using the high-low akes to JFK airport de * Requirements a helicopter and is the number Enly once 2. Give examples of op ting which type of cost Fixed costs preciation nsurance Salaries 3. If Rabuet Travel ex leet be? 1. Using the high-low method, estimate the linear relationship y=a+bX, where y is the total annual operating cost of a helicopter and X is the number of round-trips it makes to JFK airport during the year. 2. Give examples of costs that would be included in a and in b. 3. If Rabuet Travel expects each helicopter to make, on average, 1.200 round-trips in the coming year, what should its estimated operating budget for the helicopter fleet be? Print Dono its estimated operating budget for "s estimated operating budget for all 8 helicopters in the fleet combined should be any list or enter any number in the input fields and then continue to the next question. er W stv A W 6

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