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Softa [21]
3 years ago
9

Green Field Potatoes Co. sells a by-product of its potato processing operation, called a filter cake, to area feed-lots as cattl

e feed. Recently, the feedlot owners have noticed that the cattle are not gaining weight as quickly as they once were. They believe that the root cause of the problem is that the percentage of solids in the filter cake is too low. Historically, the percentage of solids in the filter cakes ran slightly above 12%. Lately, however, the solids are running in the 11% range.
What is actually affecting the solids is a mystery, but something has to be done quickly. Individuals involved in the process were asked to identify variables that might affect the percentage of solids. This review turned up the six variables (in addition to the percentage of solids) listed below in the following table. Data collected by monitoring the process several times daily for 20 days are stored in the potatoes.xls file.
Assignment:
1. Thoroughly analyze the data and develop a regression model to predict the percentage of solids
2. Write an executive summary (1 page max) concerning your findings to the president of the Green Field Potatoes Co. Make sure to include specific recommendations on how to get the percentage of solids back above 12%.


A:Solids
B:pH
C:Lower Pressure
D:Upper Pressure
E:Cake Thickness
F:Varidrive Speed
G:Drum Speed Setting

A B C D E F G
9.7 3.7 13 14 0.250 6 33.00
9.4 3.8 17 18 0.875 6 30.43
10.5 3.8 14 15 0.500 6 34.00
10.9 3.9 14 14 0.500 6 34.00
11.6 4.3 17 18 0.375 6 36.24
10.9 4.2 16 17 0.500 6 31.76
11.0 4.3 16 19 0.375 6 34.00
10.7 3.9 15 16 0.375 6 32.13
11.8 3.6 8 8 0.375 6 37.00
9.7 4.0 18 18 0.500 6 36.00
11.6 4.0 12 13 0.313 5 45.00
10.9 3.9 15 15 0.500 5 50.00
10.0 3.8 17 18 0.625 5 46.91
10.3 3.8 13 14 0.500 4 57.50
10.1 3.6 17 17 0.625 4 60.40
9.9 3.8 17 18 0.500 4 53.14
9.5 3.5 17 18 0.625 6 34.40
10.5 3.8 15 17 0.500 6 33.96
10.8 3.9 15 17 0.750 6 35.00
10.4 3.9 14 15 0.500 6 35.00
10.9 4.0 15 16 0.500 6 34.00
11.2 4.4 17 19 0.375 6 34.00
9.5 3.8 17 17 0.500 6 33.49
10.7 3.9 15 17 0.500 6 33.38
10.1 3.8 15 17 0.500 6 41.00
10.5 3.8 17 17 0.500 6 36.00
10.9 4.0 15 17 0.250 6 34.00
15.5 4.3 13 15 0.625 6 41.00
13.1 4.0 17 17 0.500 6 35.00
11.0 4.0 14 15 0.375 6 36.00
12.5 4.2 15 17 0.313 6 37.72
11.7 4.2 14 14 0.250 6 36.00
11.9 4.4 15 16 0.375 6 36.52
11.7 3.4 8 10 0.313 6 38.08
17.8 4.3 12 12 0.313 6 38.00
11.8 4.5 14 15 0.250 6 33.00
10.0 3.7 12 13 0.250 5 48.00
10.3 3.7 15 15 0.500 5 48.00
9.8 3.8 14 15 0.500 5 47.24
10.0 3.7 13 14 0.500 6 37.00
10.6 4.1 14 15 0.500 6 33.70
11.2 3.9 13 14 0.375 6 38.26
10.9 3.7 13 14 0.313 6 38.00
11.0 4.1 13 14 0.375 6 37.00
11.0 4.1 14 15 0.375 6 38.00
11.7 4.5 14 14 0.250 6 36.26
11.8 4.4 13 14 0.250 6 37.45
12.0 4.2 13 13 0.375 6 38.00
11.8 4.6 14 14 0.375 6 36.90
11.1 4.0 14 15 0.500 6 37.00
11.6 3.9 14 14 0.500 6 37.50
11.0 4.0 14 15 0.500 6 36.00
11.2 3.9 15 15 0.313 6 35.00
11.0 4.2 14 14 0.375 6 37.00
Business
1 answer:
vladimir1956 [14]3 years ago
4 0

Answer:

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Answer:

The correct option is (B)

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A strategic equity alliance is made when one organization buys a specific value level of the other organization. When Candy bought 30% of the value in Dreamcatcher Inc., an equity alliance was formed. In this type of alliance, one company buys ownership of another company, but that other company does not pool in the resources and cannot claim ownership. This type of alliance is commonly done to improve the business cycle and slow growth.

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Osawa, Inc., planned and actually manufactured 200,000 units of its single product in 2017, its first year of operation. Variabl
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The correct answer is C.

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<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>

We need to calculate the net operating income:

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6 0
3 years ago
Facing stiff competition in the e-reader market, Sumac Industries wants to protect its competitive advantage by increasing the p
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3 0
3 years ago
If an oligopoly does not cooperate and each firm chooses its own quantity, the industry will produce a quantity of output that i
Whitepunk [10]

Answer:

a. less than; more than 

Explanation:

An oligopoly is when there are few large firms operating in an industry.

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A Monopoly is when there is only one firm operating in an industry.

An oligopoly firm can choose to cooperate with other firms in the industry or not cooperate.

If firms do not cooperate they produce more goods than if they cooperated. The quantity produced can never be as much as that of a competitive firm because the number of producers in an oligopoly is less than that in a competitive firm.

The output would be more than the quantity produced by a monopoly because the number of producers in an oligopoly is more than that in a monopoly.

I hope my answer helps you.

6 0
2 years ago
Bryant Company has a factory machine with a book value of $93,100 and a remaining useful life of 5 years. It can be sold for $27
NISA [10]

Answer:

The old machine should be replaced.

Explanation:

Note: See the attached excel file for the the analysis showing whether the old machine should be retained or replaced.

From the attached excel file, the following calculation are made:

Variable Manufacturing cost of Retain = Initial Variable Manufacturing cost * remaining useful life of old machine = $592,600 * 5 = $2,963,000

Variable Manufacturing cost of Replace = New Variable Manufacturing cost * Remaining useful life of new machine = $505,500 * 5 = $2,527,500

From the attached excel, it can be observed that the total cost of Retain is $32,200 higher than the total cost of Replace. This therefore implies that the old machine should be replaced.

Download xlsx
6 0
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