Monthly total production costs and the number of units produ…

Monthly total production costs and the number of units produced at a local company over a period of 10 months are shown in the data set ProductionCost. Use a simple linear regression model to develop an estimated regression equation to best describes the relationship between X and Y.

Bryan Inc. manufactures special IU T-shirts. The factory can…

Bryan Inc. manufactures special IU T-shirts. The factory can produce up to 8,000 T-shirts a month and is currently producing 6,000 a month.  The normal selling price for each T-shirt is $40 each.  The costs currently attributed to the T-shirts is as follows: Cost of materials $7 per T-shirt Cost of production labor $6 per T-shirt Allocated plant-wide overhead $8 per T-shirt Bryan Inc. received a one-time special-order request from a new customer asking to purchase 1,000 T-shirts at a special price of $15 each. Should Bryan Inc. accept this special order?