Tasks

1 Prepare a brief (max 10 minutes) presentation on your case, answering the questions below. You will need to build
2 Record a presentation that walks us through your spreadsheet model and upload to Panopto (in the student submis
3 On the due date, play your presentation to the class and answer questions.
4 Submit your spreadsheet for review (post it to the assignment on blackboard).

Questions
1 What factors influence the different types of labour and material costs? By how much? Can you think of real, practi
2 Let's assume that we are going to design, build, test and ship the "new machines" in the next fiscal year. That is the
3 Let's assume that engineering roles have an average burdened labour rate of $50/hour, and assembly roles have an

Marking Scheme
Question Item Marks
1 description of causal factors 5
1 estimate of magnitude of factors 5
1 reasons that causal factors have an influence 5
2 estimation of needs 4
2 capacity calculations 3
3 cost calculation 3
professionalism of presentation 5
total 30
. You will need to build an appropriate spreadsheet model to do so.
o (in the student submissions folder). Make sure your file name has your group number and a title.

you think of real, practical reasons why this might be so? Assume linear relationships.
xt fiscal year. That is the only work our company has scheduled. How many people in each discipline will we need on staff to accomplish th
assembly roles have an average burdened labour rate of $40/hour. How much would each of the new machines cost?

1. The factors influencing labour costs are elec eng, software eng, mechanical assembly, electrical assembly.
The factors influencing material costs are the parts and raw materials.
need on staff to accomplish this task? Assume that people can dedicate an average of 30 hours per week to projects like this (the remaind

ly, electrical assembly.

o projects like this (the remainder of the standard 40 hour work week is consumed by absenteeism, holidays, and non-project related work
and non-project related work). For simplicity, assume no overtime. Note: only those measures that are reported in hours need this calcula
orted in hours need this calculation.
Noisy Data
kg Hours
Machine # Stations I/O # Feed Sys Rate New DevelWeight Mech Eng Elec Eng Soft Eng
1 7 42 6 250 10 4173 6793.88 1729.12 3036.8
2 7 35 4 100 9 3531 5625.9 1569.24 3135.65
3 6 60 5 400 9 3102 6444.8 1636.8 2975.7
4 4 20 2 200 6 1818 3627 867.18 1737.2
5 3 18 2 400 1 1470 1740.18 431.65 352.6
6 7 42 5 200 6 3600 4975.26 1208.88 2092.8
7 4 28 3 500 3 1911 2830.92 690.3 868.6
8 6 42 3 300 7 2700 5035.14 1294.95 1819
9 8 64 6 200 3 4158 4358.72 1292.6 1336.2
10 5 30 2 350 1 1932 2499 633.88 649
11 6 48 4 100 8 3150 5324 1587.88 2153.8
12 5 50 2 400 7 1932 4645.5 1296.26 2279
13 4 20 3 500 1 2163 2109 526.21 465.3
14 6 42 5 200 6 3003 4533.48 1238.72 2097.9
15 6 42 4 100 7 3000 5200.36 1417.22 2161.4
16 6 54 2 350 10 2640 5907.36 1531.8 3068
17 4 24 1 200 3 1395 2880.44 650.65 900.9
18 5 40 2 100 7 1953 4742.4 1221.23 1995
19 9 45 5 350 3 4284 4664.4 1200.5 1058.25
20 8 80 4 400 5 3852 5017.6 1777.86 1549.8
21 4 24 1 150 5 1455 3579.68 778.5 1549.6
22 5 25 2 100 8 2037 4964.15 1188.62 2434.25
23 9 90 4 500 7 3627 6159.5 1856.7 2494.7
24 6 42 5 200 10 3630 6226 1407.6 3381.3
25 6 60 2 200 4 2424 4202 1231.32 1406
26 9 63 6 250 9 4500 6721.82 1836.21 2523.15
27 10 80 5 450 9 4590 7759.5 2338.05 2448.5
28 7 35 5 200 10 3780 6765.2 1575.9 3029.25
29 5 25 2 200 4 2100 3722.35 777.14 1517.25
30 10 60 5 400 2 4275 4300.8 1407.6 1199

New Machines
Machine # Stations I/O # Feed Sys Rate New Developments
1 4 32 1 350 9
2 8 72 5 400 8
3 9 63 4 300 1
4 8 40 6 100 4
5 5 45 3 150 2
6 7 42 6 300 7
Hours Dollars
Mech AssyElec Assy Parts Raw Materials
2669.03 2430.78 568764 30888 SUMMARY OUTPUT
2809 3010.7 452678 25080
2849.6 2828.8 531068 26928 Regression Statistics
1826 1489.6 258720 15264 Multiple R 0.989902324
1094.08 879.84 203580 11160 R Square 0.97990661
2393.96 2612.94 400896 27648 Adjusted R 0.975720488
1518.72 1315.32 331824 18144 Standard E 231.0651503
2314.62 2312.96 345032 23544 Observatio 30
2620.8 2207.04 566040 34608
1386.5 1122.3 316608 17136 ANOVA
2474.06 2728.32 342216 22320 df SS
1983.8 1725.3 301664 17976 Regression 5 62490158.153
1485 1113 400472 15624 Residual 24 1281386.4889
2313.36 2468.48 492960 26928 Total 29 63771544.642
2323.56 2241.36 414416 22800
2724.42 2654.28 423280 18240 Coefficients Standard Error
1336 1277.12 223740 12960 Intercept 236.9780463 200.74315168
1830.8 2311.5 263952 17136 # Stations 274.1249907 51.073670071
2548.8 2246.6 590736 33264 I/O 6.687787647 4.3384410694
3002.4 3299.4 497080 28512 # Feed Sys 58.01061687 43.626872531
1571.44 1385.16 177440 11400 Rate 0.253371027 0.3971856162
2009.7 1563.3 222560 16800 New Devel 376.6301156 17.938694991
3466.2 3717.7 758004 32448
2534.6 2630.04 461888 25344
1878.6 2352 304096 20544
3151.15 3018.78 659334 35280
3681.45 4165.2 632910 37440
2953.6 2322.9 451780 27648
1579.2 1361.7 255076 17808
2754.8 2960.6 855360 37440
 MS F Significance F
12498032 234.0845 1.527E-19
53391.1

t Stat P-value Lower 95%Upper 95%Lower 95.0%

Upper 95.0%
1.180504 0.249368 -177.3355 651.2915 -177.3355 651.2915
5.367247 1.645E-05 168.7141 379.5359 168.7141 379.5359
1.541519 0.136274 -2.266315 15.64189 -2.266315 15.64189
1.329699 0.196118 -32.03082 148.0521 -32.03082 148.0521
0.637916 0.529568 -0.56638 1.073122 -0.56638 1.073122
20.9954 5.932E-17 339.6065 413.6538 339.6065 413.6538
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9835273866
R Square 0.9673261203
Adjusted R S 0.960519062
Standard Erro89.392587984
Observations 30

ANOVA
df SS MS F Significance F
Regression 5 5677883.4301 1135576.69 142.106337 5.1281E-17
Residual 24 191784.83488 7991.03479
Total 29 5869668.2649

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept -112.8445744 77.66186213 -1.4530243 0.15916802 -273.13078 47.4416312 -273.13078
# Stations 78.194122744 19.758962088 3.95740031 0.00058675 37.4136293 118.974616 37.4136293
I/O 9.1755003232 1.6784204561 5.4667472 1.2813E-05 5.71141076 12.6395899 5.71141076
# Feed Syste 5.6888149168 16.878006205 0.33705491 0.73900535 -29.145678 40.5233076 -29.145678
Rate -0.022739 0.1536599097 -0.1479826 0.88359274 -0.3398775 0.29439947 -0.3398775
New Develop 79.661580027 6.9399750155 11.4786552 3.117E-11 65.3381756 93.9849845 65.3381756
Upper 95.0%
47.4416312
118.974616
12.6395899
40.5233076
0.29439947
93.9849845
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9710456346
R Square 0.9429296244
Adjusted R S 0.9310399628
Standard Erro222.12817836
Observations 30

ANOVA
df SS MS F Significance F
Regression 5 19565326.582 3913065.32 79.3066832 3.9918E-14
Residual 24 1184182.2629 49340.9276
Total 29 20749508.845

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept 152.02693145 192.97895219 0.78779022 0.43853124 -246.26205 550.315913 -246.26205
# Stations 8.898749643 49.09827933 0.18124362 0.85769831 -92.435118 110.232618 -92.435118
I/O 0.8662156349 4.1706419607 0.2076936 0.83722054 -7.7415663 9.47399758 -7.7415663
# Feed Syste 36.107781752 41.939503678 0.86094919 0.39778597 -50.4511 122.666663 -50.4511
Rate -0.176616972 0.3818235561 -0.4625617 0.647845 -0.9646621 0.61142812 -0.9646621
New Develop 266.29175806 17.244875026 15.4417911 5.7606E-14 230.700085 301.883431 230.700085
Upper 95.0%
550.315913
110.232618
9.47399758
122.666663
0.61142812
301.883431
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.982379955
R Square 0.965070377
Adjusted R S 0.957793372
Standard Erro 135.4561002
Observations 30

ANOVA
df SS MS F Significance F
Regression 5 12166718.579 2433343.72 132.619175 1.1389E-16
Residual 24 440360.52199 18348.3551
Total 29 12607079.101

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept 16.86909156 117.6805954 0.14334642 0.88721337 -226.01172 259.749903 -226.01172
# Stations 178.6387279 29.940647305 5.96642838 3.7007E-06 116.844269 240.433187 116.844269
I/O 6.509028183 2.5433013476 2.55928311 0.01721368 1.25991219 11.7581442 1.25991219
# Feed Syste 44.49038251 25.575150595 1.73959416 0.09474176 -8.294134 97.274899 -8.294134
Rate 0.517333217 0.2328400218 2.22183975 0.03597727 0.03677503 0.9978914 0.03677503
New Develop 97.15698719 10.516106227 9.23887465 2.2538E-09 75.4528107 118.861164 75.4528107
Upper 95.0%
259.749903
240.433187
11.7581442
97.274899
0.9978914
118.861164
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9536941084
R Square 0.9095324525
Adjusted R S 0.8906850467
Standard Erro266.41328203
Observations 30

ANOVA
df SS MS F Significance F
Regression 5 17125701.479 3425140.3 48.2577 9.5633E-12
Residual 24 1703424.8842 70976.0368
Total 29 18829126.363

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept -139.1495507 231.45265223 -0.6012009 0.55334274 -616.84435 338.545245 -616.84435
# Stations 165.49711447 58.886872592 2.81042459 0.00969151 43.9605828 287.033646 43.9605828
I/O 19.792036155 5.0021317472 3.95672029 0.00058776 9.46814364 30.1159287 9.46814364
# Feed Syste -1.763963572 50.300870894 -0.0350683 0.97231536 -105.57986 102.051932 -105.57986
Rate -0.14306666 0.4579467022 -0.312409 0.75742802 -1.0882222 0.80208888 -1.0882222
New Develop 89.028789303 20.682939858 4.30445526 0.00024353 46.3412995 131.716279 46.3412995
Upper 95.0%
338.545245
287.033646
30.1159287
102.051932
0.80208888
131.716279
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.9495356775
R Square 0.9016180029
Adjusted R S 0.8811217535
Standard Erro58160.056023
Observations 30

ANOVA
df SS MS F Significance F
Regression 5 743991227143 1.488E+11 43.9894141 2.5851E-11
Residual 24 81182210799 3382592117
Total 29 825173437941

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept -127362.1329 50527.883286 -2.5206307 0.01877055 -231646.56 -23077.707 -231646.56
# Stations 54734.249639 12855.454439 4.25766743 0.00027426 28201.8957 81266.6036 28201.8957
I/O -106.1444298 1092.0035985 -0.0972015 0.92337354 -2359.9291 2147.64023 -2359.9291
# Feed Syste 35874.349134 10981.064634 3.26692815 0.00326473 13210.5456 58538.1526 13210.5456
Rate 326.4423784 99.973265798 3.26529674 0.00327772 120.107699 532.777058 120.107699
New Develop -559.9976762 4515.2438788 -0.1240238 0.90232933 -9879.003 8759.00767 -9879.003
Upper 95.0%
-23077.707
81266.6036
2147.64023
58538.1526
532.777058
8759.00767
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.99339853
R Square 0.98684064
Adjusted R S 0.98409911
Standard Erro983.685895
Observations 30

ANOVA
df SS MS F Significance F
Regression 5 1741551620.7 348310324 359.95935 9.6018E-22
Residual 24 23223310.549 967637.94
Total 29 1764774931.2

Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0%
Intercept -214.74902 854.59969401 -0.2512861 0.80373202 -1978.5561 1549.05806 -1978.5561
# Stations 2482.55271 217.42979748 11.4177207 3.475E-11 2033.79966 2931.30575 2033.79966
I/O 19.8990693 18.469523764 1.07740024 0.29201228 -18.220154 58.0182929 -18.220154
# Feed Syste 2129.98398 185.72744128 11.4683321 3.1748E-11 1746.66138 2513.30658 1746.66138
Rate 1.29810445 1.6908905896 0.76770458 0.45015036 -2.1917222 4.7879311 -2.1917222
New Develop -80.923862 76.368250285 -1.0596532 0.29985093 -238.54018 76.6924597 -238.54018
Upper 95.0%
1549.05806
2931.30575
58.0182929
2513.30658
4.7879311
76.6924597