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Lipman Bottle Company is a bottle distributing company that offers bottle label printing solutions to their customers. Lipman Bottle Company launched its operation in 1909 and had become the leading bottle distribution company in Albany (Anthony, Hawkins, & Merchant, 2011). Over the past two the use of plastic has increased because of its use in manufacturing bottle caps, lids, spray pumps and also because distributors had the technology that allowed them to print directly labels onto bottles, making it convenient and more cost effective for users to purchase both solutions from one vendor. In November 1982, Robert Lipman the vice president of Lipman Bottle Company wanted to develop a pricing strategy that could be recommended to his father that will help the company generate 30 percent profit margin and allow expanding their…...

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...Assignment 1: Bottling Company Case Study Due Week 10 and worth 140 points Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product. Your boss wants to solve the problem at hand and has asked you to investigate. You have your employees pull thirty (30) bottles off the line at random from all the shifts at the bottling plant. You ask your employees to measure the amount of soda there is in each bottle. Note: Use the data set provided by your instructor to complete this assignment. Bottle Number 1 2 3 4 5 6 7 8 9 10 Ounces 14.5 14.6 14.7 14.8 14.9 15.3 14.9 15.5 14.8 15.2 Bottle Number 11 12 13 14 15 16 17 18 19 20 Ounces 15 15.1 15 14.4 15.8 14 16 16.1 15.8 14.5 Bottle Number 21 22 23 24 25 26 27 28 29 30 Ounces 14.1 14.2 14 14.9 14.7 14.5 14.6 14.8 14.8 14.6 Write a two to three (2-3) page report in which you: 1. Calculate the mean, median, and standard deviation for ounces in the bottles. 2. Construct a 95% Confidence Interval for the ounces in the bottles. 3. Conduct a hypothesis test to verify if the claim that a bottle contains less than sixteen (16) ounces is supported. Clearly state the logic of your test, the calculations, and the conclusion of your test. 4. Provide the following discussion based on the conclusion of your test: a. If you conclude that there are less than sixteen (16) ounces in a bottle of soda,......

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...Assignment 1: Bottling Company Case Study Due Week 10 and worth 140 points Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product. Your boss wants to solve the problem at hand and has asked you to investigate. You have your employees pull thirty (30) bottles off the line at random from all the shifts at the bottling plant. You ask your employees to measure the amount of soda there is in each bottle. Note: Use the data set provided by your instructor to complete this assignment. Bottle Number Ounces Bottle Number Ounces Bottle Number Ounces 1 14.5 11 15 21 14.1 2 14.6 12 15.1 22 14.2 3 14.7 13 15 23 14 4 14.8 14 14.4 24 14.9 5 14.9 15 15.8 25 14.7 6 15.3 16 14 26 14.5 7 14.9 17 16 27 14.6 8 15.5 18 16.1 28 14.8 9 14.8 19 15.8 29 14.8 10 15.2 20 14.5 30 14.6 Write a two to three (2-3) page report in which you: 1.Calculate the mean, median, and standard deviation for ounces in the......

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...I am a manger over a bottling company called Smith Bottling. I have been the manager with this company for the past 10 years and this is the first complaint of this magnitude and I want to ensure that the issue is proved and resolved. We have been getting complaints from customers that the 16 ounce bottles are less that advertised. We pride ourselves here on customer service and want to ensure all customers are receiving what they pay for and happy with their purchase. First step was to obtain samples to test. I asked a few employees to obtain 30 bottles (wanted a good range of sample). The initial weights of the samples taken for review were 14oz. and 16 oz. After taking these samples, I have to bring myself to the realization that there was in fact a problem with the bottling amount. I thought by calculating the Mean, Median and the Standard Deviation, I could come up with better numbers and provide a better detail to my investigation. The mean is the total of the samples divided by the actual number of samples that were taken. Since I took 30 bottles, and the total numbers of ounces were 446.1 this provides a mean of 14.87. The median is the middles number once all samples are sorted in numerical order. I figured the median to be 14.8. The standard deviation is the distance each number is from the next number. I had to find the square root of the variance giving me a number of 0.5503. Smith Bottling is hopeful of our process and wants to make sure......

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...Lipman Bottle Company Summary: Lipman Bottle Company is a bottle distributor located in Albany, New York. The firm is operating in variable sizes of bottles and printing, but their profit is entirely from printing. The vice president, Robert Lipman, has a goal to make 30 percent margin and expand their business in New York-New Jersey area. Hence, he asked us to review their product line and costing information then give suggestions to increase profit and make a price list for the Albany area. Analysis: We completed the calculations finding variable costs per thousand bottles for a number of combinations. Table #1 summarizes the variable costs for the Albany area, which includes scrap. Table #2 summarizes the variable costs for the New York – New Jersey area, which includes shipping but not freight costs. We analyzed the data for bottle sizes 0-1 oz. and 17-32 oz., as well as order quantity ranges of 5,000-9,999 and 100,000-249,999. Full calculations and details can be found in Exhibits 1-8. Mr. Lipman’s goal is to get 30% margin of the revenue. Exhibit 9 shows the break even, which means no gain or loss, the profit margin of 30%, and then the price calculated to achieve the margin of revenue Mr. Lipman wanted. We subtract the 30% of revenue; the break even should be the rest of 70% of revenue. So we use: Variable cost + Fixed cost/Total machine-hours ($106,944/16,000hrs) = Break even Total price (revenue) * (1-30%) = Break even Thus, the...

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...Appendices 19 References 21 Introduction Lipman Produce is a leading producer and distributor of fresh vegetables and fruits, specializing in tomatoes. It is the largest field tomato grower in North America, and operates through a vertically integrated network of research & development, farming, processing, repacking and procurement. The company packs an average of 15 million boxes of tomatoes each year, including Cherry, Florida Silk, Vintage Ripe, Garden Jewel and Roma varieties. In addition to tomatoes, Lipman also packs and ships cucumbers, melons, eggplants, peppers, potatoes, and squash. Its customers include wholesale, retail, and foodservice customers. The company is owned and operated by the Lipman family; and is based in Immokalee, Florida. It was founded over eight decades ago by Max Lipman, and was originally called Six L’s Packing Company Inc. Even though it has been re-branded, its core values have always remained the same: “Building lasting relationships with our customers, being responsible with our natural resources and the health and wellbeing of our people and families” (Lipman Corporation, 2011). Lipman commands a large percentage (12%) of the $1.28 billion tomato industry and employs approximately 4,000 workers in 22 locations throughout North America. It has seasonal operations in Florida, South Carolina, Virginia, Maryland, Pennsylvania, and California. As a leading supplier of fresh tomatoes and vegetables, Lipman Produce has evolved into the......

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