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5-1 Final Project Milestone Two: Organizational Cost and Profit
Class welcome to module 5,Milestone 2 is due at the end of this module. Milestone 2 drills down into cost factors. Make ...
5-1 Final Project Milestone Two: Organizational Cost and Profit
Class welcome to module 5,Milestone 2 is due at the end of this module. Milestone 2 drills down into cost factors. Make sure you have corrected any issues from Milestone 1, otherwise these errors can cause problems in Milestone 2. Also, you need to take care in organizing your Milestone 2 reports in a logical manner and properly labeling the charts and tables.In Part A you will be producing three costs for each BIN. Those will be:Transport Cost (what did each shipment in each BIN actually cost to ship) Cost per pallet (if you take the transport cost and divide by number of pallets shipped you will get cost per pallet)Cost of shipping (what did it cost the company to make all the shipments in this BIN)In this part you do need to examine where the break-even point is between shipping individual pallets and when it is cheaper to simply use a whole truck. For example, if it costs $210 to ship pallets individually to Omaha and it costs $1000 to send a whole truck (full or not) you would realize that for any shipment above four pallets (4 x $210 = $840) it would be cheaper to use a whole truck (5 x $210 = $1050). So, for shipments in BINs less than 5, the Transport Costs would equal the cost per pallet and for shipments in BINs 5 to a BIN 24 the Transport Cost would be equal to the cost of a full truck. In Part B-C, COGs is the Cost of Goods Sold and it equals the cost of producing the wine shipped. Be very careful with Parts A-D because the parts build on each other, so a mistake made earlier can foul up the rest of your work.This week you are also being introduced to ‘Solver’. Make sure that it is part of your Excel program or that you have downloaded it as an Add-In. If you are wondering if you have Solver, just look at your ribbon bar and it should appear (for example on this screen shot it is under Data Analysis on the left side. If you click on Solver, a box (see below) will appear. If you have not used Solver before, it will take some time to master and you will experience some trial and error. Start early! What Solver basically figures out is what is possible when you are working with multiple constraints. An example if you were building boxes and you knew that each box required 1 sheet of plywood, 20 linear feet of framing material, and 30 nails, and you had a supply of 20 sheets of plywood, 260 linear feet of framing material, and 900 nails how many boxes could you make? In this simple case the amount of supplies you have would be your constraints. You could look at each constraint individually:Plywood, you have 20 sheets and each box requires 1 sheet per box- so you have enough for 20 boxesFraming material, you have 260 liner feet and each box requires 20 feet- so you have enough for 13 boxesNails, you have 900 and each box requires 30- so you have enough for 30 boxesIn this case the binding constraint is the framing material, it will limit total production to 13 boxes.However, as the formulas become more complex and there are more variables, the time need to solve the problem would become increasing time consuming. Therefore, we use Solver. When you take the Quiz and the following question appears “What three things do you need to specify before running Solver?” on your quiz do not worry if you get it wrong. There is a problem with the question and I will issue you credit for the question. You need to master the use of Solver because in Milestone 3 it accounts for a large percentage of the grade. Keep up the good work!Steve O’Malley
Chamberlian University Week 4 Graphing Equations Homework
Week 4 Presentation: Graphing EquationsSubmit Assignment Points 50 Submitting a file uploadRequired ResourcesRead/review t ...
Chamberlian University Week 4 Graphing Equations Homework
Week 4 Presentation: Graphing EquationsSubmit Assignment Points 50 Submitting a file uploadRequired ResourcesRead/review the following resources for this activity:Knewton text (integrated in Knewton Assignments)Lesson in CanvasInstructionsCreate a presentation explaining your step-by-step approach to solving the problem below. Your presentation should be done in PowerPoint with Voice Over and should be 1 - 2 minutes in length.You are moving and need a rental truck. The rental company you have chosen charges a $70/day fee plus $0.20 for every mile you travel. Write a linear equation that expresses the total cost y, where x represents the number of miles you travel. Graph this equation. Then choose a number of miles, x, you travel that day and find the total cost of renting the truck.GradingThis activity will be graded using the Presentation Rubric.Course Outcomes (CO): 4Due Date: By 11:59 p.m. MT on SundayRubricPresentation RubricPresentation RubricCriteriaRatingsPtsThis criterion is linked to a Learning OutcomeMathematical Calculations20.0 ptsSuccessfully completes the calculations and includes required work.15.0 ptsIncludes required work, but there are one or two calculation errors.10.0 ptsDoes not have all necessary work shown and/or there are more than two calculation errors.0.0 ptsIncomplete or little progress shown.20.0 ptsThis criterion is linked to a Learning OutcomePresentation20.0 ptsIncludes a detailed explanation and analysis. Uses Power Point with Voice Over and presentation is at least one minute.15.0 ptsIncludes a detailed explanation and analysis. Uses Power Point with Voice Over, but presentation is less than one minute in length.10.0 ptsExplanation and analysis are lacking in detail and clarity. Uses Power Point with Voice Over, but presentation is less than 1 minute in length.0.0 ptsDid not use PowePoint with Voice Over20.0 ptsThis criterion is linked to a Learning OutcomeWritten Skills10.0 ptsPresents information using clear and concise language in an organized manner (minimal errors in English grammar, spelling, syntax, and punctuation).6.0 ptsPresents information in an organized manner (few errors in English grammar, spelling, syntax, and punctuation).2.0 ptsPresents information using understandable language but is somewhat disorganized (some errors in English grammar, spelling, syntax, and punctuation).0.0 ptsPresents information that is not clear, logical, professional or organized to the point that the reader has difficulty understanding the message (numerous errors in English grammar, spelling, syntax, and/or punctuation).10.0 ptsTotal Points: 50.0
MTH 410 CSUGC Data Representation & Events in A Company Questions
The research firm LL Research collected data from 200 client businesses. They want to determine how the businesses compare ...
MTH 410 CSUGC Data Representation & Events in A Company Questions
The research firm LL Research collected data from 200 client businesses. They want to determine how the businesses compare among four variables:
2015 Profit in millions of dollars
2016 Profit in millions of dollars
2015-2016 Two-Year Change in Daily Average Customer Visits
Two-Year Average Number of Employees
Data collected for the sample of 200 businesses is contained in the file named Businesses, linked at the bottom of the page. Be sure to use all 200 data points.
Managerial Report
Prepare a report (see below) using the numerical methods of descriptive statistics presented in this module to learn how each of the variables contributes to the success of a client’s business. Be sure to include the following three items in your report.
Compute descriptive sample statistics (mean, median, two quartiles Q1 and Q3 (using QUARTILE.EXC), minimum, maximum, range, interquartile range, sample standard deviation, and coefficient of variation) for each of the four variables along with an explanation of what the descriptive statistics tell us about the client businesses.
In this case, which measure of central tendency would be best for this application? Explain why.
Which measure of variation would be best for this application? Explain why.
How can one use the above descriptive statistics to understand the businesses better?
Which graphical displays of data would you use to help understand or complement the above descriptive statistics? Explain how and why.
Compute the percent change in profit from 2015 to 2016 for each business.
What would the percent change tell us in this application?
Then use the z-score to determine which businesses were outliers with respect to percent change in profit.
How would identifying outliers be useful in this application?
What advice might you give to businesses that are outliers?
How else would you determine outliers?
Compute the sample correlation coefficient, showing the relationship between percent change in profit and each of the other two variables (2015-2016 Two-Year Change in Daily Average Customer Visits and Two-Year Average Number of Employees).
Explain what the correlation coefficients tell us about the three pairs of relationships. Use tables, charts, or graphs to support your conclusions.
Trigonometry Baseball Parametric Equations Project
Kindly do the calculation for any one of the swing and then create a spreadsheet showing formula and calculation for all o ...
Trigonometry Baseball Parametric Equations Project
Kindly do the calculation for any one of the swing and then create a spreadsheet showing formula and calculation for all other swings. Instructions attached.I will send solution from past year if needed (my friend's) but don't copy exactly.
Algebra 2 - Graphing Exponential and Logarithmic Functions, continued (Lesson 13)
Complete each of the following sets of problems. LINK -- http://ogburn.org/wp-content/uploads/2016/05/Alg-I...
Algebra 2 - Graphing Exponential and Logarithmic Functions, continued (Lesson 13)
Complete each of the following sets of problems. LINK -- http://ogburn.org/wp-content/uploads/2016/05/Alg-I...
RSCH 8210 Walden University Visual Displays for Continuous Variables Worksheet
To prepare for this Discussion:
Review this week’s Learning Resources and the Descriptive Statistics media program.
...
RSCH 8210 Walden University Visual Displays for Continuous Variables Worksheet
To prepare for this Discussion:
Review this week’s Learning Resources and the Descriptive Statistics media program.
For additional support, review the Skill Builder: Visual Displays for Categorical Variables and the Skill Builder: Visual Displays for Continuous Variables, which you can find by navigating back to your Blackboard Course Home Page. From there, locate the Skill Builder link in the left navigation pane.
Review the Chapter 4 of the Wagner text and the examples in the SPSS software related to central tendency and variability.
From the General Social Survey dataset found in this week’s Learning Resources, use the SPSS software and choose one continuous and one categorical variable Note: this dataset will be different from your Assignment dataset).
As you review, consider the implications for positive social change based on the results of your data.
BY DAY 3
Post, present, and report a descriptive analysis for your variables, specifically noting the following:
For your continuous variable:
Report the mean, median, and mode.
What might be the better measure for central tendency? (i.e., mean, median, or mode) and why?
Report the standard deviation.
How variable are the data?
How would you describe this data?
What sort of research question would this variable help answer that might inform social change?
Post the following information for your categorical variable:
A frequency distribution.
An appropriate measure of variation.
How variable are the data?
How would you describe this data?
What sort of research question would this variable help answer that might inform social change?
Be sure to support your Main Post and Response Post with reference to the week’s Learning Resources and other scholarly evidence in APA Style.
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5-1 Final Project Milestone Two: Organizational Cost and Profit
Class welcome to module 5,Milestone 2 is due at the end of this module. Milestone 2 drills down into cost factors. Make ...
5-1 Final Project Milestone Two: Organizational Cost and Profit
Class welcome to module 5,Milestone 2 is due at the end of this module. Milestone 2 drills down into cost factors. Make sure you have corrected any issues from Milestone 1, otherwise these errors can cause problems in Milestone 2. Also, you need to take care in organizing your Milestone 2 reports in a logical manner and properly labeling the charts and tables.In Part A you will be producing three costs for each BIN. Those will be:Transport Cost (what did each shipment in each BIN actually cost to ship) Cost per pallet (if you take the transport cost and divide by number of pallets shipped you will get cost per pallet)Cost of shipping (what did it cost the company to make all the shipments in this BIN)In this part you do need to examine where the break-even point is between shipping individual pallets and when it is cheaper to simply use a whole truck. For example, if it costs $210 to ship pallets individually to Omaha and it costs $1000 to send a whole truck (full or not) you would realize that for any shipment above four pallets (4 x $210 = $840) it would be cheaper to use a whole truck (5 x $210 = $1050). So, for shipments in BINs less than 5, the Transport Costs would equal the cost per pallet and for shipments in BINs 5 to a BIN 24 the Transport Cost would be equal to the cost of a full truck. In Part B-C, COGs is the Cost of Goods Sold and it equals the cost of producing the wine shipped. Be very careful with Parts A-D because the parts build on each other, so a mistake made earlier can foul up the rest of your work.This week you are also being introduced to ‘Solver’. Make sure that it is part of your Excel program or that you have downloaded it as an Add-In. If you are wondering if you have Solver, just look at your ribbon bar and it should appear (for example on this screen shot it is under Data Analysis on the left side. If you click on Solver, a box (see below) will appear. If you have not used Solver before, it will take some time to master and you will experience some trial and error. Start early! What Solver basically figures out is what is possible when you are working with multiple constraints. An example if you were building boxes and you knew that each box required 1 sheet of plywood, 20 linear feet of framing material, and 30 nails, and you had a supply of 20 sheets of plywood, 260 linear feet of framing material, and 900 nails how many boxes could you make? In this simple case the amount of supplies you have would be your constraints. You could look at each constraint individually:Plywood, you have 20 sheets and each box requires 1 sheet per box- so you have enough for 20 boxesFraming material, you have 260 liner feet and each box requires 20 feet- so you have enough for 13 boxesNails, you have 900 and each box requires 30- so you have enough for 30 boxesIn this case the binding constraint is the framing material, it will limit total production to 13 boxes.However, as the formulas become more complex and there are more variables, the time need to solve the problem would become increasing time consuming. Therefore, we use Solver. When you take the Quiz and the following question appears “What three things do you need to specify before running Solver?” on your quiz do not worry if you get it wrong. There is a problem with the question and I will issue you credit for the question. You need to master the use of Solver because in Milestone 3 it accounts for a large percentage of the grade. Keep up the good work!Steve O’Malley
Chamberlian University Week 4 Graphing Equations Homework
Week 4 Presentation: Graphing EquationsSubmit Assignment Points 50 Submitting a file uploadRequired ResourcesRead/review t ...
Chamberlian University Week 4 Graphing Equations Homework
Week 4 Presentation: Graphing EquationsSubmit Assignment Points 50 Submitting a file uploadRequired ResourcesRead/review the following resources for this activity:Knewton text (integrated in Knewton Assignments)Lesson in CanvasInstructionsCreate a presentation explaining your step-by-step approach to solving the problem below. Your presentation should be done in PowerPoint with Voice Over and should be 1 - 2 minutes in length.You are moving and need a rental truck. The rental company you have chosen charges a $70/day fee plus $0.20 for every mile you travel. Write a linear equation that expresses the total cost y, where x represents the number of miles you travel. Graph this equation. Then choose a number of miles, x, you travel that day and find the total cost of renting the truck.GradingThis activity will be graded using the Presentation Rubric.Course Outcomes (CO): 4Due Date: By 11:59 p.m. MT on SundayRubricPresentation RubricPresentation RubricCriteriaRatingsPtsThis criterion is linked to a Learning OutcomeMathematical Calculations20.0 ptsSuccessfully completes the calculations and includes required work.15.0 ptsIncludes required work, but there are one or two calculation errors.10.0 ptsDoes not have all necessary work shown and/or there are more than two calculation errors.0.0 ptsIncomplete or little progress shown.20.0 ptsThis criterion is linked to a Learning OutcomePresentation20.0 ptsIncludes a detailed explanation and analysis. Uses Power Point with Voice Over and presentation is at least one minute.15.0 ptsIncludes a detailed explanation and analysis. Uses Power Point with Voice Over, but presentation is less than one minute in length.10.0 ptsExplanation and analysis are lacking in detail and clarity. Uses Power Point with Voice Over, but presentation is less than 1 minute in length.0.0 ptsDid not use PowePoint with Voice Over20.0 ptsThis criterion is linked to a Learning OutcomeWritten Skills10.0 ptsPresents information using clear and concise language in an organized manner (minimal errors in English grammar, spelling, syntax, and punctuation).6.0 ptsPresents information in an organized manner (few errors in English grammar, spelling, syntax, and punctuation).2.0 ptsPresents information using understandable language but is somewhat disorganized (some errors in English grammar, spelling, syntax, and punctuation).0.0 ptsPresents information that is not clear, logical, professional or organized to the point that the reader has difficulty understanding the message (numerous errors in English grammar, spelling, syntax, and/or punctuation).10.0 ptsTotal Points: 50.0
MTH 410 CSUGC Data Representation & Events in A Company Questions
The research firm LL Research collected data from 200 client businesses. They want to determine how the businesses compare ...
MTH 410 CSUGC Data Representation & Events in A Company Questions
The research firm LL Research collected data from 200 client businesses. They want to determine how the businesses compare among four variables:
2015 Profit in millions of dollars
2016 Profit in millions of dollars
2015-2016 Two-Year Change in Daily Average Customer Visits
Two-Year Average Number of Employees
Data collected for the sample of 200 businesses is contained in the file named Businesses, linked at the bottom of the page. Be sure to use all 200 data points.
Managerial Report
Prepare a report (see below) using the numerical methods of descriptive statistics presented in this module to learn how each of the variables contributes to the success of a client’s business. Be sure to include the following three items in your report.
Compute descriptive sample statistics (mean, median, two quartiles Q1 and Q3 (using QUARTILE.EXC), minimum, maximum, range, interquartile range, sample standard deviation, and coefficient of variation) for each of the four variables along with an explanation of what the descriptive statistics tell us about the client businesses.
In this case, which measure of central tendency would be best for this application? Explain why.
Which measure of variation would be best for this application? Explain why.
How can one use the above descriptive statistics to understand the businesses better?
Which graphical displays of data would you use to help understand or complement the above descriptive statistics? Explain how and why.
Compute the percent change in profit from 2015 to 2016 for each business.
What would the percent change tell us in this application?
Then use the z-score to determine which businesses were outliers with respect to percent change in profit.
How would identifying outliers be useful in this application?
What advice might you give to businesses that are outliers?
How else would you determine outliers?
Compute the sample correlation coefficient, showing the relationship between percent change in profit and each of the other two variables (2015-2016 Two-Year Change in Daily Average Customer Visits and Two-Year Average Number of Employees).
Explain what the correlation coefficients tell us about the three pairs of relationships. Use tables, charts, or graphs to support your conclusions.
Trigonometry Baseball Parametric Equations Project
Kindly do the calculation for any one of the swing and then create a spreadsheet showing formula and calculation for all o ...
Trigonometry Baseball Parametric Equations Project
Kindly do the calculation for any one of the swing and then create a spreadsheet showing formula and calculation for all other swings. Instructions attached.I will send solution from past year if needed (my friend's) but don't copy exactly.
Algebra 2 - Graphing Exponential and Logarithmic Functions, continued (Lesson 13)
Complete each of the following sets of problems. LINK -- http://ogburn.org/wp-content/uploads/2016/05/Alg-I...
Algebra 2 - Graphing Exponential and Logarithmic Functions, continued (Lesson 13)
Complete each of the following sets of problems. LINK -- http://ogburn.org/wp-content/uploads/2016/05/Alg-I...
RSCH 8210 Walden University Visual Displays for Continuous Variables Worksheet
To prepare for this Discussion:
Review this week’s Learning Resources and the Descriptive Statistics media program.
...
RSCH 8210 Walden University Visual Displays for Continuous Variables Worksheet
To prepare for this Discussion:
Review this week’s Learning Resources and the Descriptive Statistics media program.
For additional support, review the Skill Builder: Visual Displays for Categorical Variables and the Skill Builder: Visual Displays for Continuous Variables, which you can find by navigating back to your Blackboard Course Home Page. From there, locate the Skill Builder link in the left navigation pane.
Review the Chapter 4 of the Wagner text and the examples in the SPSS software related to central tendency and variability.
From the General Social Survey dataset found in this week’s Learning Resources, use the SPSS software and choose one continuous and one categorical variable Note: this dataset will be different from your Assignment dataset).
As you review, consider the implications for positive social change based on the results of your data.
BY DAY 3
Post, present, and report a descriptive analysis for your variables, specifically noting the following:
For your continuous variable:
Report the mean, median, and mode.
What might be the better measure for central tendency? (i.e., mean, median, or mode) and why?
Report the standard deviation.
How variable are the data?
How would you describe this data?
What sort of research question would this variable help answer that might inform social change?
Post the following information for your categorical variable:
A frequency distribution.
An appropriate measure of variation.
How variable are the data?
How would you describe this data?
What sort of research question would this variable help answer that might inform social change?
Be sure to support your Main Post and Response Post with reference to the week’s Learning Resources and other scholarly evidence in APA Style.
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