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SCENARIO 13-14-B
You Are the CEO of a Dairy Company

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SCENARIO 13-14-B
You are the CEO of a dairy company. You are planning to expand production by purchasing
additional cows, lands and hiring more workers. From the existing 50 farms owned by the company,
you have collected data on total milk production (in liters) and the number of milking cows. The data
are shown below and also available in the Excel file Scenario13-14-DataB.XLSX.  MILK 84686101876103248705087607286615875081051951203516865885478919021103741253641594011028831131511332971400731454341525131282751380401612762080792241192310711221141322221550921772731963992053298956494838949209757710216310375423958523977324129324915729438831881366462100444103846154118155460 COWS 2120221716202119211922242626272227242724292125263331332327292728322226242628263944424142471821222727\begin{array} { r r r r r r r r r r r } \text { MILK } & 84686 & 101876 & 103248 & 70508 & 76072 & 86615 & 87508 & 105195 & 120351 & 68658 \\& 85478 & 91902 & 110374 & 125364 & 159401 & 102883 & 113151 & 133297 & 140073 & 145434 \\& 152513 & 128275 & 138040 & 161276 & 208079 & 224119 & 231071 & 122114 & 132222 & 155092 \\& 177273 & 196399 & 205329 & 89564 & 94838 & 94920 & 97577 & 102163 & 103754 & 239585 \\& 239773 & 241293 & 249157 & 294388 & 318813 & 66462 & 100444 & 103846 & 154118 & 155460 \\\text { COWS } & 21 & 20 & 22 & 17 & 16 & 20 & 21 & 19 & 21 & 19 \\& 22 & 24 & 26 & 26 & 27 & 22 & 27 & 24 & 27 & 24 \\& 29 & 21 & 25 & 26 & 33 & 31 & 33 & 23 & 27 & 29 \\& 27 & 28 & 32 & 22 & 26 & 24 & 26 & 28 & 26 & 39 \\& 44 & 42 & 41 & 42 & 47 & 18 & 21 & 22 & 27 & 27\end{array} You believe that the number of milking cows is the best predictor for total milk production on any
given farm.
-Referring to Scenario 13-14-B, if you purchase one additional milking cows, the estimated
change in mean total milk production is _________ liters.


Definitions:

Collective Bargaining

Negotiation process between employers and a group of employees aimed at agreements to regulate working conditions.

OSHA

The Occupational Safety and Health Administration, a U.S. government agency responsible for ensuring safe and healthy working conditions by setting and enforcing standards.

Recordkeeping

The process of maintaining records or documents that track an organization's or individual's activities, transactions, and commitments.

Work-Related Injuries

Work-related injuries are injuries or illnesses that occur in the course of employment, often leading to absence from work and the need for medical care.

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