Question: MBA5010 Module 15 and 16 Team Assignment (Lesson 6) Assume the local Opal Vision has the following information on the number of sales orders received

MBA5010 Module 15 and 16 Team Assignment (Lesson 6) Assume the local Opal Vision has the following information on the number of sales orders received and order-processing costs: Month Sales Orders Order-Processing Costs January 3,630 $100,067 February 1,815 $60,953 March 5,324 $146,047 April 3,388 $99,099 May 2,783 $84,427 June 1,452 $52,151 July 2,420 $75,625 Required: a) Using the above information develop a cost estimation equation for monthly order-processing costs. b) Plot the order-processing information on a scatter graph. Using the information from representative high and low volume months, develop a cost estimation equation for monthly order-processing costs. c) What factors might have caused the difference in the equations developed for requirements (a) and (b)

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