Conduct Analysis of Variance on the Randomized Complete Block Design $\alpha = 0.05$

question 23

Multiple Choice

Conduct Analysis of Variance on the Randomized Complete Block Design
-A builder has two crews that construct homes. He is interested in determining if there is a difference in the time it takes the crews to build three different styles of homes. The time in days for each crew is given below. Is there any interaction effect? Answer Yes or No. Test at $\alpha = 0.05$ .
$\begin{array}{|l|c|c|c|}\hline & \text { Cottage } & \text { Bi-Level } & 2 \text { story } \\\hline \text { Smith } & 27,34,30,35,39 & 25,47,44,30,39 & 28,24,29,32,41 \\\hline \text { Jones } & 46,41,37,26,24 & 31,39,44,45,32 & 43,45,44,36,31 \\\hline\end{array}$

• A) No
• B) Yes

Calculate total costs for raw materials, labor, and manufacturing overhead.

Understand and apply the concepts of Work in Process (WIP), Finished Goods (FG), and Cost of Goods Manufactured (CGM).

Analyze and record transactions related to the purchase and use of raw materials in manufacturing processes.

Analyze and record transactions related to labor costs in manufacturing processes.

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Definitions:

Operations Manager

An individual in charge of directing, designing, and controlling production procedures and altering corporate functions in the manufacture of goods or services.

Inventory Levels

The quantity of goods and materials on hand at any given time within a business or organization, crucial for meeting demand without incurring excess costs or spoilage.

Intermediate Range

A middle distance or period between two points or durations.

Rate Of Output

The speed at which goods or services are produced or delivered by an organization, often measured in units per time period.