Labor - estimate the relationship between direct labor...

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Batch Size Labor Cost X_bar X-X_bar Y_bar Y-Y_bar (X-X_bar)*(Y-Y_bar) 25 420 35 415 20 355 30 445 40 430 20 340 20 380 20 360 40 450 35 460 35 435 40 455 30 425 25 400 35 465 25 395 40 430 25 405 30 440 30 420 20 400 25 380 35 425 40 420 30 400 40 450 35 420 20 410 30 395 25 410
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A manufacturing firm produces its products in batches using sophisticated machines and equip
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Unformatted text preview: estimate the relationship between direct labor costs and the number of units produces per batc ipment. The general manager wanted to ch....
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This note was uploaded on 07/01/2011 for the course ECO 370 taught by Professor Camp during the Spring '11 term at Indiana State University .

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Labor - estimate the relationship between direct labor...

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