Question

6. Metro Department Store found that t weeks after the end of a sales promotion the...

6. Metro Department Store found that t weeks after the end of a sales promotion the volume of sales was given by S(t) = B + Ae−kt (0 ≤ t ≤ 4) where B = 51,000 and is equal to the average weekly volume of sales before the promotion. The sales volumes at the end of the first and third weeks were $82,760 and $63,390, respectively. Assume that the sales volume is decreasing exponentially. (a)Find the decay constant k. (Round your answer to five decimal places.) k = ________ (b)Find the sales volume at the end of the fourth week. (Round your answer to the nearest whole number.) $ _________

Math   Calculus   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The sales of a product decline after the end of an advertising campaign, with the sales...
The sales of a product decline after the end of an advertising campaign, with the sales decay given by S = 200,000e−0.6x, where S represents the weekly sales and x represents the number of weeks since the end of the campaign. (a) What will be the sales for the tenth week after the end of the campaign? (Round your answer to two decimal places.) $ (b) During what week after the end of the campaign will sales drop below 400?...
Observed weekly sales of ball peen hammers at the town hardware store over an eight-week period...
Observed weekly sales of ball peen hammers at the town hardware store over an eight-week period have been 14, 9, 30, 22, 34, 12, 19, 23. a. Suppose that three-week moving averages are used to forecast sales. Determine the one-step-ahead forecasts for weeks 4 through 8. b. Suppose that exponential smoothing is used with a smoothing constant of alpha = .15. Find the exponential smoothing forecasts for weeks 4 through 8. [To get the method started, use the same forecast...
The data is for weekly sales in the dry goods department at the Methuen Wal*Mart store...
The data is for weekly sales in the dry goods department at the Methuen Wal*Mart store in fiscal 2002-2003. Peak values, i.e. spikes, usually occur at holiday periods. Week 1 is the first week of February 2002. Dollar values are adjusted in order to disguise true sales figures, but trends in the data are retained for analysis purposes. Week(x) Sales in $(y) Week(x) Sales in $(y) 26 15200 52 22400 27 15600 53 20900 28 16400 54 18800 29 15600...
The owner of a popular independent clothing store has a particular t-shirt design that is her...
The owner of a popular independent clothing store has a particular t-shirt design that is her best-seller. Currently, she sells a weekly average of 11 shirts with this design. She wishes to know if slightly lowering the price of this particular design will sell more product per week. To test this, she records 14 weeks' worth of sales for this design when it is priced slightly lower than normal. With the lowered price, the average number of shirts sold per...
1. What is an ISP (Integrated Service Provider) for supply chains? (1 point) A. A consultant...
1. What is an ISP (Integrated Service Provider) for supply chains? (1 point) A. A consultant agency which integrates the supply chain for companies B. A 2 PL or a 3PL, but not a 4PL C. A company supplying transportation and warehousing services D. A logistics service company specialized in suppling VAS (value added services) 2. What characterizes a 4 PL? (1 point) A. They are non-asset based and provides integrated services primarily supplied by asset based providers, for example...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events that took place at Enron and how the situation could have been dealt with differently to prevent further damage? THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies,...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT