lecture 3 b assignments
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Lecture 3B Assignments
1. Name five cost drivers for machining a part and describe why they are cost drivers.2. The figure shows an example of a cost graph. In the table, variable X is units and variable Y is
cost. Use a regression analysis to obtain a best-fit line that will minimize the difference between the line and the given data points.
X Y 50,000 500,000 10,000 71,000
100,000 500,000 1,000,000 4,000,000
15,000 135,000 500,000 3,000,000 350,000 1,050,000 800,000 2,400,000