Business, 17.03.2020 00:53 rafoxy35

The manager of a furniture factory that operates a morning and evening shift seven days a week wants to forecast the number of chairs its factory workers will produce on a given day and shift. The production manager gathers chair production data from the factory and lists whether the production day was a weekday or a weekend (i. e., Saturday or Sunday), and whether the shift was in the morning or evening. Create a regression model to analyze the relationship between the number of chairs produced, whether a day was a weekday or weekend, and whether the shift was in the morning or evening. Be sure to include the residuals and residual plots in your analysis.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 14:50

Calvin works at a facility which processes apples. it costs the facility $0.68 to make either a jar of applesauce or a bottle of apple juice. due to the nature of the process and contractual agreements, calvin's facility must make and sell three jars of applesauce for every two bottles of apple juice. a jar of applesauce sells for $2.20, and a bottle of apple juice sells for $3.15. if the facility has annual overhead costs of $368,500, not including production costs, how many bottles of apple juice will the facility have sold when it breaks even every year? round to the nearest whole bottle, if necessary.

Answers: 3

Answer

Business, 22.06.2019 04:00

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

Answers: 2

Answer

Business, 22.06.2019 06:30

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.

Answers: 3

Answer

Business, 22.06.2019 08:20

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

Answers: 2

Answer

You know the right answer?

The manager of a furniture factory that operates a morning and evening shift seven days a week wants...

Questions