Solve the Problem. -Persons Taking a 30-Hour Review Course to Prepare for a Prepare

question 49

Multiple Choice

Solve the problem.
-Persons taking a 30-hour review course to prepare for a standardized exam average a score of 620 on that exam. Persons taking a 70-hour review course average a score of 779. Find a linear function, S(t) , which fits this data, And which expresses score as a function of time. Use this function to predict an average score for persons taking A 53-hour review course. Round your answer to the tenths place.

• A) 725.4
• B) 704.1
• C) 715.6
• D) 711.4

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Definitions:

Fixed Cost

Costs that do not change with the volume of production or level of activity within a certain range.

Economic Order Quantity

A formula used to determine the optimal order size that minimizes the total holding costs and ordering costs in inventory management.

Variable Cost

Costs that vary directly with the level of production or volume of output.

Carrying Cost

The total cost of holding inventory, including storage, handling, depreciation, and opportunity costs.