| quiz 6, 7 and 8 |
KristenKristen
BattleBattle,
owner of
Flowers 4 YouFlowers 4 You,
operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery fee,
BattleBattle
wants to set the delivery fee based on the distance driven to deliver the flowers.
BattleBattle
wants to separate the fixed and variable portions of
herher
van operating costs so that
sheshe
has a better idea how delivery distance affects these costs.
SheShe
has the following data from the past seven months:
(Click the icon to view the data.)
Use the high-low method to determine Flowers 4 YouFlowers 4 You‘s
cost equation for van operating costs. Use your results to predict van operating costs at a volume of
17 comma 00017,000
miles.
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