Reliable Movers Inc In Order to Budget Total Vehicle Costs for the Upcoming

question 5

Essay

Reliable Movers Inc.documented the miles driven and total moving van costs for the past five months as follows:
$$\begin{array} { l c c } & \text { Number af miles } & \text { Total vehicle costs } \\\hline \text { January } & 3000 & \$ 4800 \\\text { February } & 3500 & 5200 \\\text { March } & 5000 & 6100 \\\text { April } & 4000 & 5000 \\\text { May } & 6000 & 6000\end{array}$$
In order to budget total vehicle costs for the upcoming summer months,Reliable wishes to estimate total vehicle costs using the high/low method.
Required:
A. What is the equation to predict estimated total vehicle costs?
B. If the company expects to drive 9000 miles in June, what will be the estimated total vehicle costs?

Recognize the economic and business characteristics of various global regions.

Identify challenges and opportunities for international business in Africa.

Explain the concept of globalisation and its implications for international business.

Understand the role of major economic agreements such as NAFTA, the European Union, and APEC in facilitating international trade.

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Definitions:

Axon

The long, slender projection of a neuron that conducts electrical impulses away from the neuron's cell body.

Dendrite

A branched extension of a neuron that receives electrical impulses from other nerve cells.

Myelin Sheath

An insulating layer, or sheath that forms around nerves, including those in the brain and spinal cord, made of protein and fatty substances, which allows electrical impulses to transmit quickly and efficiently along the nerve cells.

Absolute Refractory

A period immediately following the transmission of a nerve impulse when a neuron cannot be stimulated to transmit another impulse, regardless of the strength of the incoming signal.