The owner of a retail store is tracking his inventory for an annual report. The graph shows the remaining Inventory for a particular item and the
number of days that have passed since the stock was replenished.

Which type of function best models the relationship between the number of days and the inventory remaining?

Answer:

y = -2.8x +69.4

Step-by-step explanation:

Let y represent units of inventory, and x represent days since the last replenishment. We are given points (x, y) = (3, 61) and (13, 33). The line through these points can be described using the 2-point form of the equation of a line:

... y -y1 = (y2-y1)/(x2 -x1)(x -x1)

Filling in the given point values, we have ...

... y -61 = (33 -61)/(13 -3)(x -3)

Simplifying and adding 61, we get ...

... y = -2.8x +69.4

The linear function which best models the relationship between the number of days and remaining inventory is [tex]y = \frac{-35}{12}x + \frac{50}{3}[/tex] .

A linear function refers to when the dependent variable (usually expressed by 'y') changes by a constant amount as the independent variable (usually 'x') also changes by a constant amount.

According to the given equation

We have a graph which shows the remaining inventory.

In which x represents the number of days and y represents the inventory remaining.

Let y = mx + b be the linear function which represents the relationship between the number of days and the inventory remaining.

Form the given graph if we choose two points (14, 30) and (2, 65) for finding the value of m and b.

Substitute y = 30 and x = 14 in y = mx + b

⇒ [tex]30 = m(14) + b...(i)[/tex]

Similarly,

substitute y =65 and x =2 in y = mx + b

⇒[tex]65 = 2m + b..(ii)[/tex]

From equation (i) and (ii)

[tex]m = \frac{-35}{12}[/tex]

and [tex]\frac{50}{3}[/tex]

Therefore, [tex]y = \frac{-35}{12}x + \frac{50}{3}[/tex]

Hence, the linear function which best models the relationship between the number of days and remaining inventory is [tex]y = \frac{-35}{12}x + \frac{50}{3}[/tex] .

Learn more about linear function here:

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