ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- Dealer Advertising ($100s) Size (Acres) 1 23 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 428 183 534 1 9 O 894 15 15 23 28 34 37 38 46 49 50 54 58 59 60 60 60 64 66 1.1 42 2.2 2.1 1.6 1.9 1.8 1.5 1.6 2.1 PENER NG NENG 2.5 1.7 1.5 2.2 1.7 1.5 2.1 Use Excel to create a regression model relating customer traffic to advertising, size of the facility and location. For location, use Suburban as the base case. What do you predict customer traffic to be for a Urban location with advertising of $28 hundred and a facility size of 2.7 acres? O 501 Location Rural Urban Suburban Rural Urban Suburban Rural Rural Rural Suburban Rural Rural Urban Rural Suburban Rural Rural Urban Urban Rural Traffic 170 427 323 214 390 341 261 223 299 475 321 237 428 236 383 354 258 411 387 338 17 222223235 18 19 20 21 24 26 28 29arrow_forwardanswer quicklyarrow_forwardI need answer typing clear urjent no chatgpt used i will give upvotes full explanationarrow_forward
- At a price of $14, country 1 will (a) offer for export 9 units of this product. (b) seek to import 9 units of this product. (c) choose not to trade. (d) increase supply. (e) offer for export 18 units of this productarrow_forwardUsing the quantity of 400, how much profit or loss will theyearn?arrow_forwardM18arrow_forward
- Consider the following 10 items stored in stocks. Item Demand Unit Cost A2 3000 50 B8 4000 12 C7 1500 45 D1 6000 10 E9 1000 20 F3 500 500 G2 300 1500 H2 600 20 15 1750 10 J8 2500 (a) Develop an ABC classification. (b) Explain how this classification helps decision maker. (c) The decision maker wants to put item A2 into category A. Discuss the reasoning behind this decision.arrow_forwardNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure.arrow_forwardDefine the term Expenses?arrow_forward
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