08.02.2020

What type of function best models the data?

The sales team has noticed that the daily unit sales are decreasing and has decided to stop production of the light-up spinner once daily unit sales fall to 1,500 or below. A company founder has asked Marco if he thinks the light-up spinner will continue to be in production after 100 days on the market. What should Marco's response be? Show the mathematical justification for your answer.

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18.08.2023, solved by verified expert
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Answer:

Answer is explained below:

Step-by-step explanation:

To model the decreasing daily unit sales, an exponential decay function might be appropriate. The function takes the form:

f(x)=a×e^(bx) 

where x represents the number of days on the market, a is the initial sales value, and b is a positive constant determining the rate of decay.

If Marco has the data for the initial sales and the rate of decay, he can plug in x=100 into the equation and see if the result is above or below 1,500 units. If it's below, he can conclude whether the production should be stopped or not.

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Faq

Mathematics
Step-by-step answer
P Answered by PhD
Answer: 440 grams for 1.54 is the better value
Explanation:
Take the price and divide by the number of grams
1.54 / 440 =0.0035 per gram
1.26 / 340 =0.003705882 per gram
0.0035 per gram < 0.003705882 per gram
Mathematics
Step-by-step answer
P Answered by PhD

The answer is in the image 

The answer is in the image 
Mathematics
Step-by-step answer
P Answered by PhD

Speed=Distance/time

Here,

distance=15m

time=1sec

speed=15/1=15m/sec

Distance=Speed*time

time=15min=15*60sec=900sec

Distance travelled in 15 min=15*900=13,500m

=13500/1000 km=13.5Km

Mathematics
Step-by-step answer
P Answered by PhD

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

Mathematics
Step-by-step answer
P Answered by PhD

Salesperson will make 6% of 1800

=(6/100)*1800

=108

Salesperson will make $108 in $1800 sales

Mathematics
Step-by-step answer
P Answered by PhD

The answer is in the image 

The answer is in the image 
Mathematics
Step-by-step answer
P Answered by PhD

30% of 420 are first year students

first year students = (30/100 )*420

=126 students

Student who are not in first year = 420-126

=294 students  

Mathematics
Step-by-step answer
P Answered by PhD

Let the father's age be x and son's be y

10 years before-

Father age=x-10

sons age=y-10

Given,

x-10=10(y-10)

x-10=10y-100

Given present age of father=40

therefore,

x=40

40-10=10y-100

10y-100=30

10y=130

y=130/10

y=13

Therefore present age of son=13years

Mathematics
Step-by-step answer
P Answered by PhD

Cost before sale tax=$46.00

Cost after including tax=$48.76

Sale tax=$48.76-46.00

=$2.76

we know,

sale tax=((sales tax rate)/100) * cost before sale tax

2.76=((sales tax rate)/100) *46.00

sale tax rate=(2.76*100)/46

                   =276/46

                    =6%

There fore sales tax rate=6%

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