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DB3Scenario:For your next project your boss asks you to research an application of linear equations in a business setting and present your findings to the team. Do research using the Internet to find more information on 1 of the following topics:Part I: Primary Task ResponseIn 3 paragraphs report your findings to your classmates by discussing the following:IP3.
In this equation constant charges may be rent salaries or other fixed costs. This includes anything that you have to pay for periodically as a business owner. This value is negative because this cost must be paid each period and must be paid whether you make a sale or not.Your company may wish to release a new e-reader device. Based on data collected from various sources your company has come up with the following regression equation for the profit of the new e-reader:Profit = \$0.15 number of e-readers sold \$28Or assuming x = the number of e-readers sold this would be the same regression equation:Profit = 0.15x 28
In this case the values are given in thousands (i.e. the cost of making an individual e-reader will be \$150 [0.15 1000] with \$28000 [28 * 1000] in constant charges).
Answer the following questions based on the given regression equation:DB4
Part I: Most of the systems that we have discussed this week have been independent and consistentsystems. This means that the pair of lines intersects at one point so the system of equations has one solution. Do some research and discuss what is meant by a system that is EITHER inconsistentor dependent. Be sure to include in your response what each of these terms means in regards to graphs of the lines in addition to the behavior of the equations when you solve the system algebraically. Be sure to include the source that you used and to give an example of the system that you are describing.IP4