Parameters: Kim K asks you to develop a demand forecast for her perfume line. Using the data provided, you find a regression model, y = 4+3:36x4 + 5x2, with the undernoted paramete R2-0.77 Sig of: 0.02 p-value of 0.01 P-value of x2=0.03 x denotes Consumer Income 2 denotes Advertising y denotes Demand Would you advise Kim that the above model can be (technically) used for forecasting assuming that a confidence level of 97% is the norm? a Cannot say Yes No if any. in the basic EQ mode, it D-5.000 units per month. S - 5100/order, and H=$10 per unit per year, then the total cost of the EOQ ordering policy is? Pick the closest answer. Round up decimais, EOQ-S root of (12DSVH Dannual demand in units S-cost of placing 1 order, H-cost of holding unit of that item in inventory for 1 year and TCE # of orders/yrs + Avg, Inventory Average inventory =(Beginning In + Ending invy2. of Orders/yr = D/order ty 54000 53190 SI0.90 SI), 100