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Richardson Travel offers helicopter service from suburban towns to John F. Kennedy International Airport in New York City. Each of its 10 helicopters makes between

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Richardson Travel offers helicopter service from suburban towns to John F. Kennedy International Airport in New York City. Each of its 10 helicopters makes between 900 and 1,800 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 $385 per round-trip, and one that has made 1.800 round-trips in the year incurs an average operating cost of $250 per round-trip, Read the requirements Requirement 1. Using the high-ow method, estimate the linear relationship yua+bx where yls the total annual operating cost of a helicopter and is the number of round-trips It makes to JFK airport during the year, $243,000 $115 Requirement 2. Give examples of costs that would be included in a and in Begin by selecting which type of costs "s* and "b" represent, then select the costs that correlate with that cost typo, use each cost only once. Fixed costs Variable costs Depreciation Baggage handling Insurance Fuel Salarios Landing food Requirement 3. Richardson Travel expects each helicopter to make, on average, 1,300 round-trips in the coming year, what should its estimated operating budget for the helicopter et be? Richardson Travels estimated operating budget for all 10 helicopters in the float combined should be

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