Steps on determining the equation for unit formulation
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Given the following information, determine the equation for the unit formulation. (Round intermediate calculations to 4 decimal places)
Unit Number (X) Unit Cost (Y) $
1 1000.00
2 840.00
3 758.55
4 705.60
Y = (1000)(X)0.8700
Y = (1000)(X)-0.2010
Y = (1000)(X)0.6931
Y = (1000)(X)-0.2515
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The solution gives detailed steps to determine the equation for the unit formulation.
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