Reference no: EM131762541
Spentz Company offers rental cars in several off-airport locations. Management would like to better understand the behaviour of the company's costs. One of those costs is the cost of cleaning cars. The company operates its own car wash and cleaning facilities in which each rental car that is returned is thoroughly cleaned before being released for rental to another customer. Management believes that the costs of operating the cleaning facilities should be related to the number of rental returns-
Accordingly, the following data have been compiled:
Rental Cleaning
Month Returns Costs
January 4,620 $15,170
February 4,906 $19,036
March 5,282 $16,358
April 5,748 $19,423
May 7,080 $23,001
June 9,722 $32,182
July 10,864 $31,905
August 10,536 $29,895
September 9,256 $32,790
October 7,480 $27,574
November 4,212 $14,745
December 4,990 $16,621
Required:
Using least-squares regression; estimate the fixed cost and variable cost elements of monthly car wash costs. The fixed cost element should be estimated to the nearest dollar and the variable cost element to the nearest cent.
Research an important part of communication
: Research an important part of communication Will emoticons give you career a frowny face - write your message briefly introducing yourself
|
Errors on a vacuum cleaner production line
: Question 1: Discuss why it is so much easier to reduce errors on a vacuum cleaner production line than it is in a hair salon.
|
4 ps of marketing that apple uses
: Describe the 4 Ps of marketing that Apple Uses. Describe the segmentation for the company's product (i.e. the good or service)
|
Write essay in which you discuss style and placement of work
: Construct an essay in which you discuss the style, moment of story shown, placement of work, and historical significance of three representations of the Old Tes
|
Discuss variable cost elements of monthly car wash costs
: estimate the fixed cost and variable cost elements of monthly car wash costs. The fixed cost element should be estimated
|
Relating to target audience
: relating to target audienceYou can work on the General Marketing Goals - (SMART Goals) - relating to target audience, target recipients, "product".
|
Relating to target audience
: relating to target audienceYou can work on the General Marketing Goals - (SMART Goals) - relating to target audience, target recipients, "product".
|
Facility management for a career as a facility manager
: Complete a degree in engineering, architecture, business administration, or facility management for a career as a facility manager
|
Mean to the lifecycle marketing strategy
: Would the changes described in number 3 above change the lifecycle stage and if so how? What would this mean to the lifecycle marketing strategy?
|