Use this data and build a model to forecast annual maintenance expenses based on the weekly usage in hours. If the machine is used for 38.4 hours, what should I expect my annual maintenance expenses to be?  (Keep one decimal place)

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter10: Introduction To Simulation Modeling
Section: Chapter Questions
Problem 41P: At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 =...
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Use this data and build a model to forecast annual maintenance expenses based on the weekly usage in hours.

If the machine is used for 38.4 hours, what should I expect my annual maintenance expenses to be?  (Keep one decimal place)

 

Weekly Usage (hours) Annual Maintenance Expense
13 17.0
10 22.0
20 30.0
28 37.0
32 47.0
17 30.5
24 32.5
31 39.0
40 51.5
38 40.0
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ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,