Driving Assignment x= Miles y=Travel Time(hours) y^i=b0+b1*x1 ei=yi-y^i ei^2

1 100 9.3 8.0565217391 1.2434782609 1.5462381853

2 50 4.8 4.6652173913 0.1347826087 0.0181663516
3 100 8.9 8.0565217391 0.8434782609 0.7114555766
4 100 6.5 8.0565217391 -1.5565217391 2.4227599244
5 50 4.2 4.6652173913 -0.4652173913 0.2164272212
6 80 6.2 6.7 -0.5 0.25
7 75 7.4 6.3608695652 1.0391304348 1.0797920605
8 65 6 5.6826086957 0.3173913043 0.1007372401
9 90 7.6 7.3782608696 0.2217391304 0.049168242
10 90 6.1 7.3782608696 -1.2782608696 1.6339508507
Mean 6.7

slope=b1 0.067826087 SSE 8.0286956522

intercept=b0 1.2739130435

SUMMARY OUTPUT

Regression Statistics
Multiple R 0.8149057072
R Square 0.6640713116
Adjusted R Square 0.6220802256
Standard Error 1.0017918729
Observations 10

ANOVA
df SS MS F Significance F
Regression 1 15.8713043478261 15.871304348 15.814578144 0.0040801767
Residual 8 8.02869565217392 1.0035869565
Total 9 23.9

Coefficients Standard Error t Stat P-value Lower 95%

Intercept 1.2739130435 1.40074452477691 0.9094542373 0.3896873607 -1.956209623
X Variable 1 0.067826087 0.0170556374846061 3.9767547251 0.0040801767 0.0284957164
y^i-y (y^i-y)^2 yi-y (yi-y)^2
1.356522 1.840151 2.6 6.76
-2.034783 4.14034 -1.9 3.61
1.356522 1.840151 2.2 4.84
Chart Title
1.356522 1.840151 -0.2 0.04 10
-2.034783 4.14034 -2.5 6.25 9
8
0 0 -0.5 0.25 f(x) = 0.0678260869565218 x + 1.27391304347826
7 R² = 0.664071311624523
-0.33913 0.115009 0.7 0.49
6
-1.017391 1.035085 -0.7 0.49

Axis Title
5 Column C
0.678261 0.460038 0.9 0.81 4 Linear (Colum
0.678261 0.460038 -0.6 0.36 3
2
1
SSR 15.8713 SST 23.9 0
40 50 60 70 80 90 100 110
Axis Title

Upper 95%Lower 95.0%

Upper 95.0%
4.504036 -1.95621 4.504036
0.107156 0.028496 0.107156
e

.27391304347826

Column C
Linear (Column C)

110
Nowlin Plastics

Parameters
Manufacturing Fixed cost 264,000.00
Manufacturing Variable Cost 2

Otsourcing Cost per Unit 3.5

Model
Quantity 156,000.00

Total Manufacturing cost (TMC) 576000

Total Cost to Outsoure 546000

Savings due to Outsourcing 30000

Assignment Deliveries Miles Travel Time (y-ybar)^2 Lower P1 Higher p1 ME ME
1 3 100 9.3 86.49 7.87 87.92 1.43 2.2333221615
2 4 50 4.8 3.61 3.64 4.77 1.16 0.8482808567
3 2 100 8.9 4.84 7.63 6.11 1.27 0.884829278
4 1 100 6.5 0.04 5.76 0.78 0.74 0.7319377321
5 3 50 4.2 6.25 2.81 7.64 1.39 0.9249513047
6 3 80 6.2 0.25 5.43 1.02 0.77 0.7392884461
7 4 75 7.4 0.49 6.6 1.29 0.8 0.747600767
8 3 65 6 0.49 5.2 1.29 0.8 0.747600767
9 2 90 7.6 0.81 6.75 1.66 0.85 0.7585421812
10 1 90 6.1 0.36 5.32 1.14 0.78 0.7431098018
6.7 103.63
Y 9.3
Level 0.95
y hat 1.9046956522
n 10
t 2.3060041352
s 1.0017918729
y bar 6.7
sst 103.63
(y-ybar)^2 86.49
SUMMARY OUTPUT

Regression Statistics
Multiple R 0.8149057072
R Square 0.6640713116
Adjusted R Square 0.6220802256
Standard Error 1.0017918729
Observations 10

ANOVA
df SS MS F Significance F
Regression 1 15.8713 15.8713 15.81458 0.00408
Residual 8 8.028696 1.003587
Total 9 23.9

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

Upper 95.0%
Intercept 1.2739130435 1.400745 0.909454 0.389687 -1.95621 4.504036 -1.95621 4.504036
Miles 0.067826087 0.017056 3.976755 0.00408 0.028496 0.107156 0.028496 0.107156
Upper 95.0%