Question: Given the following information, determine the equation for the unit formulation. (Round intermediate calculations to 4 decimal places) [Table Description: Table listing Unit Number (X)
Given the following information, determine the equation for the unit formulation. (Round intermediate calculations to 4 decimal places) [Table Description: Table listing Unit Number (X) and Unit Cost ($Y). Unit 1 = $700.00, Unit 2 = $600.00, Unit 3 =$548.27, Unit 4=$514.29]
| Unit Number (X) | Unit Cost (Y) $ |
|---|---|
| 1 | 700 |
| 2 | 600 |
| 3 | 548.27 |
| 4 | 514.29 |
A) Y = (700)(X)^-0.0539
B) Y = (700)(X)^0.8571
C) Y= (700)(X)^0.9633
D) Y = (700)(X)^-0.2224
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