toluca {api2lm}R Documentation

Toluca Company data

Description

Toluca Company data in Applied Linear Statistical Models, 5th edition, p. 19. From the book:

The Toluca Company manufactures refrigeration equipment as well as many replacement parts. In the past, one of the replacement parts has been produced periodically in lots of varying sizes. When a cost improvement program was undertaken, company officials wished to determine the optimum lot size for producing this part. The production of this part involves setting up the production process (which must be done no matter what is the lot size) and machining and assembly operations. One key input for the model to ascertain the optimum lot size was the relationship between lot size and labor hours required to produce the lot. To determine this relationship, data on lot size (lot_size) and work hours (work_hours) for 25 recent production runs were utilized.

Usage

data(toluca)

Format

A data frame with 25 observations and 2 variables:

lot_size

Number of replacement parts produced in the lot.

work_hours

Number of hours of work required to produce the lot.

Author(s)

Joshua P. French

References

Kutner, M. H., Nachtsheim, C. J., Neter, J., & Li, W. (2004). Applied Linear Statistical Models, 5th edition. New York: McGraw-Hill/Irwin.


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