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Yaster Outtters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: . p is the wholesale price
Yaster Outtters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: . p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of x sleeping bags; - C is the total cost (in dollars) of producing x sleeping bags. x (sleeping bags) p ($) C ($) 235 14,300 155 18,500 Use this data to create regression models to answer the questions below. LOSt Moclel Find a linear regression model for the weekly cost data, using x as the independent variable. C(x) = mx + k Round m to 1 decimal place, and round k to the nearest integer. Question 9 2 pts What is m? Round to 1 decimal place. Question 10 2 pts What is k? Round to the nearest integer. Use the weekly cost model to estimate the total weekly cost when the weekly demand is 199. Round to the nearest dollar. $ Question 12 2 pts What is the per unit variable cost? Round to 1 decimal place. $ _ per sleeping bag What is the weekly xed cost of producing sleeping bags? Round to the nearest integer. $ D Question 14 2 pts What is the marginal weekly cost at production level 178 sleeping bags per week? Round to 1 decimal place. 55 per sleeping bag S Question 15 3 pts Use the cost model to estimate the average weekly cost per bag when the weekly demand is 108. Round to the nearest cent. 33 per sleeping bag E
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