Find forecast of profit for store-sales forty million dollar, Operation Management

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Find forecast of profit for store-sales forty million dollar

An innovative restaurateur owns and operates a dozen "Ultimate Low-Carb" restaurants in northern Arkansas. His signature item is a cheese-encrusted beef medallion wrapped in lettuce. Sales (X, in millions of dollars) is related to Profits (Y, in hundreds of thousands of dollars) by the regression equation Y = 8.21 + 0.76 X. What is your forecast of profit for a store with sales of $40 million? $50 million?

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Operation Management: Find forecast of profit for store-sales forty million dollar

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Operation Management: Find forecast of profit for store-sales forty million dollar

Reference No:- TGS087986

Have a Question? (oR Write a Review)

Recent Questions Asked Operation Management

Q : What the beginning work in process inventory is

Q : How objective the new performance system

Q : You can convert temperature from degrees celsius

Q : Primary differences between a lan and a wan

Q : Find forecast of profit for store-sales forty million dollar

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Request for Solution File

Ask an Expert for Answer!!

Operation Management: Find forecast of profit for store-sales forty million dollar

Reference No:- TGS087986

Recent Questions Asked Operation Management

Q : What the beginning work in process inventory is

Q : How objective the new performance system

Q : You can convert temperature from degrees celsius

Q : Primary differences between a lan and a wan

Q : Find forecast of profit for store-sales forty million dollar

Q : Firm recovery point objective

Q : Medications used to treat a variety of ailments

Q : Basic functions of managing the data resource

Q : Why should you use the different password policy

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