Question: the following naming convention: lastnamehw3.xlsx Cost function estimation using Quantitative Analysis The objective of this exercise is for you to help the manager of Limoscene,
the following naming convention: lastnamehw3.xlsx Cost function estimation using Quantitative Analysis The objective of this exercise is for you to help the manager of Limoscene, Inc. better understand how the company's operating costs behave. Limoscene offers transportation services in the Worcester area. Your goal is to use the quantitative methods to help Limoscene's management generate a cost function that will be useful for predicting future operating costs. You are provided with the two most recent years of operating data for total operating costs and three selected cost drivers: number of trips, number of miles driven and number of driver hours. In June of 2017, they increased the number of vehicles by 50%. Also, in January 2018, a blizzard shut them down for two weeks. 1. What type of costs do you think are included in Limoscene's operating costs? a. List at least 10 different costs. b. For each cost listed, determine if it is a service (aka product) or period cost, fixed or variable and direct or indirect. The cost object is one trip. Focus English (United States) FIl F10 g0 O00 FA F6 FS F3 F2 & 7 tA
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