subject
Mathematics, 17.03.2020 23:27 fattypickeltoefungus

Mel Cheek is a fishing guide on the Chenega River. The fish are usually found 20 to 50 miles upriver. Once the fish are located, Mel slows the boat to trolling speed and fishes for about 6 hours before returning to dock. Mel has noted that overall fuel costs vary based on "miles upriver" and he is considering changing his guide fee to separately charge customers for estimated fuel costs. Below is Mel's log for 15 typical days showing "miles upriver to locate fish" and "total fuel cost".

Day Miles Upriver Fuel Cost
1 37 $86
2 41 93
3 22 73
4 28 80
5 49 99
6 25 74
7 33 85
8 37 87
9 44 93
10 24 77
11 29 80
12 45 96
13 35 83
14 36 87
15 31 80
Total 516 $1,273
(a) Use the high-low method to determine the "fixed fuel cost" associated with the trolling time, and the "variable fuel cost" associated with running up and down the river.
(b) If the sole objective of the fuel charge is to approximately recover actual costs incurred each day, would "$2.50 per mile upriver" be a fair formula? What alternative formula might you suggest?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 20.06.2019 18:04
The vector matrix [2/7] is dilated by a favor of 1.5 and then reflected across the x axis. if the resulting matrix is [a/b] then a= and b=
Answers: 2
question
Mathematics, 21.06.2019 17:30
One integer is 8 times another. if the product is 72, then find the integers
Answers: 2
question
Mathematics, 21.06.2019 19:30
The amount spent on food and drink by 20 customers is shown below what is the modal amount spent ?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Ke’ajah has a coupon for 1/3 off the regular price, t, of a tent. which expression represents the price of the tent using the coupon? select the two correct expressions. a. 1/3t b. 2/3t c. t - 1/3 d. t - 2/3 e. t - 1/3t f. t - 2/3t
Answers: 1
You know the right answer?
Mel Cheek is a fishing guide on the Chenega River. The fish are usually found 20 to 50 miles upriver...
Questions
Questions on the website: 13722359