The president of a small manufacturing firm is concerned about the continual increase in manufacturing costs over the past several years. the following figures provide a time series of the cost per unit for the firm's leading product over the past eight years. click on the datafile logo to reference the data. year cost/unit ($) year cost/unit ($) 1 20.00 5 26.60 2 24.50 6 30.00 3 28.20 7 31.00 4 27.50 8 36.00 (a) choose the correct time series plot. (i) (ii) (iii) (iv) what type of pattern exists in the data? (b) use simple linear regression analysis to find the parameters for the line that minimizes mse for this time series. if required, round your answers to two decimal places. y-intercept, b0 = 19.99 slope, b1 = 1.77 mse = (c) what is the average cost increase that the firm has been realizing per year? round your interim computations and final answer to two decimal places. $ 1.77 (d) compute an estimate of the cost/unit for next year. if required, round your answer to two decimal places. $ 35.92

In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?

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Which of the following would classify as a general education requirement