+0  
 
0
1
2875
1
avatar+201 

A company makes yellow and white golf b***s. This table shows the sales of the company for the last three years for yellow golf b***s.

 

Year 1- 204,132 sold

Year 2- 225,624 sold

Year 3- 237,108 sold

The company expects the sales of yellow golf b***s to continue to increase in year 4.

The company also expects the ratio of yellow to white golf ball sales in year 4 to be 1:5.

The average selling price of 12 yellow or white golf b***s is $23.94.

 

Estimate the company's total sales, in dollars, of golf bals in year four. Can you please show work?

 Mar 18, 2015

Best Answer 

 #1
avatar+118677 
+5

Hi Mathcalc,

The question is very vague but

 

I divided year 2 total by year 1 and got 1.105     So Y1*1.105=Y2

 I divided year 3 total by year 2 and got 1.05      So Y2*1.05 = Y3

I need to estimate the number of yellow b***s for Y4 so I decided to mult Y3 by 1.1    (it is between 1.105 and 1.05)

237108*1.1= about 260800

So I am going to estimate the number of yellow b***s as 260800

There are 5 times more white b***s    5*260800 = 1304000 white b***s

260800+1304000= 1564800 total b***s

1564800/12 = 130,400 dozen b***s in year 4   (estimated)

130400*$23.94=$2,475,396

So that is about  2.5 million dollars

 Mar 19, 2015
 #1
avatar+118677 
+5
Best Answer

Hi Mathcalc,

The question is very vague but

 

I divided year 2 total by year 1 and got 1.105     So Y1*1.105=Y2

 I divided year 3 total by year 2 and got 1.05      So Y2*1.05 = Y3

I need to estimate the number of yellow b***s for Y4 so I decided to mult Y3 by 1.1    (it is between 1.105 and 1.05)

237108*1.1= about 260800

So I am going to estimate the number of yellow b***s as 260800

There are 5 times more white b***s    5*260800 = 1304000 white b***s

260800+1304000= 1564800 total b***s

1564800/12 = 130,400 dozen b***s in year 4   (estimated)

130400*$23.94=$2,475,396

So that is about  2.5 million dollars

Melody Mar 19, 2015

3 Online Users

avatar