Betts Electronics purchases three replacement parts for robotic machines used in its manufacturing process. Information on the price of the replacement parts and the quantity purchased is given here. Price Quantity Part RC-33 2015 $ 0.41 2022 2015 2022 $ 0.59 320 340 SM-14 WC50 1.18 0.86 0.95 110 130 0.96 230 250 Click here for the Excel Data File Compute a simple aggregate price index for 2022. Use 2015 as the base period. Note: Round your answer to 2 decimal places. Simple aggregate price index 105.58
Betts Electronics purchases three replacement parts for robotic machines used in its manufacturing process. Information on the price of the replacement parts and the quantity purchased is given here. Price Quantity Part RC-33 2015 $ 0.41 2022 2015 2022 $ 0.59 320 340 SM-14 WC50 1.18 0.86 0.95 110 130 0.96 230 250 Click here for the Excel Data File Compute a simple aggregate price index for 2022. Use 2015 as the base period. Note: Round your answer to 2 decimal places. Simple aggregate price index 105.58
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.6: Rational Functions
Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.
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