The Following Linear Trend Equation Was Developed for Annual Sales

question 40

Multiple Choice

The following linear trend equation was developed for annual sales from 2005 to 2009, with 2005 as the base year. Ŷ = 500 + 60t (in $thousands) . What are the estimated sales for 2010 (in $thousands) ?

• A) $500
• B) $860
• C) $1,040
• D) $1,100

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Definitions:

Swashplate Pump

A type of hydraulic pump where a rotating swashplate controls the flow of fluid, used in various high-pressure hydraulic systems.

Wobble Plate

A mechanical component used in axial piston pumps or engines to convert rotational motion into linear motion, or vice versa, through its off-center rotation.

Pumping Action

The process of moving fluid through a system or component via mechanical or manual force.

Vane Type Pump

A Vane Type Pump is a hydraulic pump in which slotted rotor vanes are used to move fluid through the pump, widely used for their reliability and efficiency in transferring fluids at variable flow rates.