Requirement 4. Interpret the economic meaning of the best cost function. (Round amounts to two decimal places.)

The economic meaning of the function using cycle time as the cost driver is that circuit board support costs have a fixed component, equal to the value of the

constant,

per week and a variable component, equal to the X Coefficient(s), per hour of average cycle time. Reducing the cycle time by an average of one hour should reduce support costs by about one unit of the variable cost.