Week 2 Excel Problems
Data
| Purchase Orders | |||||||||
| Supplier | Order No. | Item No. | Item Description | Item Cost | Quantity | Cost per order | A/P Terms (Months) | Order Date | Arrival Date |
| Hulkey Fasteners | Aug11001 | 1122 | Airframe fasteners | $ 4.25 | 19,500 | $ 82,875.00 | 30 | 08/05/11 | 08/13/11 |
| Alum Sheeting | Aug11002 | 1243 | Airframe fasteners | $ 4.25 | 10,000 | $ 42,500.00 | 30 | 08/08/11 | 08/14/11 |
| Fast-Tie Aerospace | Aug11003 | 5462 | Shielded Cable/ft. | $ 1.05 | 23,000 | $ 24,150.00 | 30 | 08/10/11 | 08/15/11 |
| Fast-Tie Aerospace | Aug11004 | 5462 | Shielded Cable/ft. | $ 1.05 | 21,500 | $ 22,575.00 | 30 | 08/15/11 | 08/22/11 |
| Steelpin Inc. | Aug11005 | 5319 | Shielded Cable/ft. | $ 1.10 | 17,500 | $ 19,250.00 | 30 | 08/20/11 | 08/31/11 |
| Fast-Tie Aerospace | Aug11006 | 5462 | Shielded Cable/ft. | $ 1.05 | 22,500 | $ 23,625.00 | 30 | 08/20/11 | 08/26/11 |
| Steelpin Inc. | Aug11007 | 4312 | Bolt-nut package | $ 3.75 | 4,250 | $ 15,937.50 | 30 | 08/25/11 | 09/01/11 |
| Durrable Products | Aug11008 | 7258 | Pressure Gauge | $ 90.00 | 100 | $ 9,000.00 | 45 | 08/25/11 | 08/28/11 |
| Fast-Tie Aerospace | Aug11009 | 6321 | O-Ring | $ 2.45 | 1,300 | $ 3,185.00 | 30 | 08/25/11 | 09/04/11 |
| Fast-Tie Aerospace | Aug11010 | 5462 | Shielded Cable/ft. | $ 1.05 | 22,500 | $ 23,625.00 | 30 | 08/25/11 | 09/02/11 |
| Steelpin Inc. | Aug11011 | 5319 | Shielded Cable/ft. | $ 1.10 | 18,100 | $ 19,910.00 | 30 | 08/25/11 | 09/05/11 |
| Hulkey Fasteners | Aug11012 | 3166 | Electrical Connector | $ 1.25 | 5,600 | $ 7,000.00 | 30 | 08/25/11 | 08/29/11 |
| Hulkey Fasteners | Aug11013 | 9966 | Hatch Decal | $ 0.75 | 500 | $ 375.00 | 30 | 08/25/11 | 08/31/11 |
| Steelpin Inc. | Aug11014 | 5234 | Electrical Connector | $ 1.65 | 4,500 | $ 7,425.00 | 30 | 08/28/11 | 09/05/11 |
| Steelpin Inc. | Sep11001 | 4312 | Bolt-nut package | $ 3.75 | 4,200 | $ 15,750.00 | 30 | 09/01/11 | 09/10/11 |
| Alum Sheeting | Sep11002 | 5417 | Control Panel | $ 255.00 | 406 | $ 103,530.00 | 30 | 09/01/11 | 09/10/11 |
| Hulkey Fasteners | Sep11003 | 3166 | Electrical Connector | $ 1.25 | 5,500 | $ 6,875.00 | 30 | 09/01/11 | 09/06/11 |
| Steelpin Inc. | Sep11004 | 5234 | Electrical Connector | $ 1.65 | 4,850 | $ 8,002.50 | 30 | 09/02/11 | 09/11/11 |
| Steelpin Inc. | Sep11005 | 4312 | Bolt-nut package | $ 3.75 | 4,150 | $ 15,562.50 | 30 | 09/03/11 | 09/11/11 |
| Hulkey Fasteners | Sep11006 | 1122 | Airframe fasteners | $ 4.25 | 15,500 | $ 65,875.00 | 30 | 09/04/11 | 09/12/11 |
| Spacetime Technologies | Sep11007 | 4111 | Bolt-nut package | $ 3.55 | 4,800 | $ 17,040.00 | 25 | 09/05/11 | 09/20/11 |
| Alum Sheeting | Sep11008 | 1243 | Airframe fasteners | $ 4.25 | 9,000 | $ 38,250.00 | 30 | 09/05/11 | 09/12/11 |
| Durrable Products | Sep11009 | 7258 | Pressure Gauge | $ 90.00 | 120 | $ 10,800.00 | 45 | 09/05/11 | 09/09/11 |
| Steelpin Inc. | Sep11010 | 5234 | Electrical Connector | $ 1.65 | 4,750 | $ 7,837.50 | 30 | 09/05/11 | 09/13/11 |
| Hulkey Fasteners | Sep11011 | 1122 | Airframe fasteners | $ 4.25 | 12,500 | $ 53,125.00 | 30 | 09/05/11 | 09/11/11 |
| Hulkey Fasteners | Sep11012 | 5066 | Shielded Cable/ft. | $ 0.95 | 25,000 | $ 23,750.00 | 30 | 09/05/11 | 09/12/11 |
| Hulkey Fasteners | Sep11013 | 3166 | Electrical Connector | $ 1.25 | 5,650 | $ 7,062.50 | 30 | 09/05/11 | 09/10/11 |
| Hulkey Fasteners | Sep11014 | 1122 | Airframe fasteners | $ 4.25 | 15,000 | $ 63,750.00 | 30 | 09/08/11 | 09/15/11 |
| Spacetime Technologies | Sep11015 | 4111 | Bolt-nut package | $ 3.55 | 4,585 | $ 16,276.75 | 25 | 09/10/11 | 09/30/11 |
| Hulkey Fasteners | Sep11016 | 3166 | Electrical Connector | $ 1.25 | 5,425 | $ 6,781.25 | 30 | 09/10/11 | 09/15/11 |
| Fast-Tie Aerospace | Sep11017 | 6321 | O-Ring | $ 2.45 | 1,200 | $ 2,940.00 | 30 | 09/12/11 | 09/23/11 |
| Steelpin Inc. | Sep11018 | 5319 | Shielded Cable/ft. | $ 1.10 | 16,500 | $ 18,150.00 | 30 | 09/15/11 | 10/05/11 |
| Spacetime Technologies | Sep11019 | 4111 | Bolt-nut package | $ 3.55 | 4,200 | $ 14,910.00 | 25 | 09/15/11 | 10/15/11 |
| Hulkey Fasteners | Sep11020 | 5066 | Shielded Cable/ft. | $ 0.95 | 17,500 | $ 16,625.00 | 30 | 09/15/11 | 09/22/11 |
| Spacetime Technologies | Sep11021 | 9752 | Gasket | $ 4.05 | 1,500 | $ 6,075.00 | 25 | 09/20/11 | 09/25/11 |
| Spacetime Technologies | Sep11022 | 4111 | Bolt-nut package | $ 3.55 | 4,250 | $ 15,087.50 | 25 | 09/20/11 | 10/10/11 |
| Pylon Accessories | Sep11023 | 9764 | Gasket | $ 3.75 | 1,980 | $ 7,425.00 | 15 | 09/20/11 | 09/29/11 |
| Pylon Accessories | Sep11024 | 9764 | Gasket | $ 3.75 | 1,750 | $ 6,562.50 | 15 | 09/20/11 | 09/25/11 |
| Spacetime Technologies | Sep11025 | 9752 | Gasket | $ 4.05 | 1,550 | $ 6,277.50 | 25 | 09/25/11 | 10/05/11 |
| Spacetime Technologies | Sep11026 | 4111 | Bolt-nut package | $ 3.55 | 4,200 | $ 14,910.00 | 25 | 09/25/11 | 10/25/11 |
| Durrable Products | Sep11027 | 1369 | Airframe fasteners | $ 4.20 | 15,000 | $ 63,000.00 | 45 | 09/25/11 | 09/30/11 |
| Manley Valve | Sep11028 | 6431 | O-Ring | $ 2.85 | 1,300 | $ 3,705.00 | 30 | 09/25/11 | 10/01/11 |
| Fast-Tie Aerospace | Sep11029 | 6321 | O-Ring | $ 2.45 | 2,500 | $ 6,125.00 | 30 | 09/25/11 | 10/04/11 |
| Pylon Accessories | Sep11030 | 9764 | Gasket | $ 3.75 | 1,850 | $ 6,937.50 | 15 | 09/25/11 | 10/05/11 |
| Durrable Products | Sep11031 | 1369 | Airframe fasteners | $ 4.20 | 14,000 | $ 58,800.00 | 45 | 09/27/11 | 10/03/11 |
| Hulkey Fasteners | Sep11032 | 1122 | Airframe fasteners | $ 4.25 | 14,500 | $ 61,625.00 | 30 | 09/28/11 | 10/03/11 |
| Pylon Accessories | Sep11033 | 9764 | Gasket | $ 3.75 | 1,800 | $ 6,750.00 | 15 | 09/28/11 | 10/05/11 |
| Durrable Products | Sep11034 | 1369 | Airframe fasteners | $ 4.20 | 10,000 | $ 42,000.00 | 45 | 09/29/11 | 10/04/11 |
| Spacetime Technologies | Oct11001 | 5125 | Shielded Cable/ft. | $ 1.15 | 15,000 | $ 17,250.00 | 25 | 10/01/11 | 10/15/11 |
| Durrable Products | Oct11002 | 9399 | Gasket | $ 3.65 | 1,250 | $ 4,562.50 | 45 | 10/01/11 | 10/06/11 |
| Manley Valve | Oct11003 | 6431 | O-Ring | $ 2.85 | 1,350 | $ 3,847.50 | 30 | 10/01/11 | 10/07/11 |
| Pylon Accessories | Oct11004 | 6433 | O-Ring | $ 2.95 | 1,500 | $ 4,425.00 | 15 | 10/01/11 | 10/10/11 |
| Fast-Tie Aerospace | Oct11005 | 5166 | Electrical Connector | $ 1.25 | 5,650 | $ 7,062.50 | 30 | 10/01/11 | 10/06/11 |
| Hulkey Fasteners | Oct11006 | 1122 | Airframe fasteners | $ 4.25 | 18,000 | $ 76,500.00 | 30 | 10/01/11 | 10/08/11 |
| Durrable Products | Oct11007 | 9399 | Gasket | $ 3.65 | 1,450 | $ 5,292.50 | 45 | 10/03/11 | 10/08/11 |
| Spacetime Technologies | Oct11008 | 6489 | O-Ring | $ 3.00 | 1,100 | $ 3,300.00 | 25 | 10/05/11 | 10/10/11 |
| Durrable Products | Oct11009 | 9399 | Gasket | $ 3.65 | 1,985 | $ 7,245.25 | 45 | 10/05/11 | 10/11/11 |
| Spacetime Technologies | Oct11010 | 4111 | Bolt-nut package | $ 3.55 | 4,600 | $ 16,330.00 | 25 | 10/05/11 | 10/19/11 |
| Durrable Products | Oct11011 | 4569 | Bolt-nut package | $ 3.50 | 3,900 | $ 13,650.00 | 45 | 10/05/11 | 10/10/11 |
| Manley Valve | Oct11012 | 6431 | O-Ring | $ 2.85 | 1,250 | $ 3,562.50 | 30 | 10/05/11 | 10/10/11 |
| Durrable Products | Oct11013 | 9399 | Gasket | $ 3.65 | 1,470 | $ 5,365.50 | 45 | 10/07/11 | 10/12/11 |
| Durrable Products | Oct11014 | 5454 | Control Panel | $ 220.00 | 550 | $ 121,000.00 | 45 | 10/09/11 | 10/14/11 |
| Spacetime Technologies | Oct11015 | 6489 | O-Ring | $ 3.00 | 900 | $ 2,700.00 | 25 | 10/10/11 | 10/18/11 |
| Alum Sheeting | Oct11016 | 1243 | Airframe fasteners | $ 4.25 | 10,500 | $ 44,625.00 | 30 | 10/10/11 | 10/17/11 |
| Steelpin Inc. | Oct11017 | 8008 | Machined Valve | $ 645.00 | 100 | $ 64,500.00 | 30 | 10/10/11 | 10/21/11 |
| Manley Valve | Oct11018 | 7258 | Pressure Gauge | $ 100.50 | 90 | $ 9,045.00 | 30 | 10/10/11 | 10/17/11 |
| Manley Valve | Oct11019 | 8148 | Machined Valve | $ 655.50 | 125 | $ 81,937.50 | 30 | 10/10/11 | 10/17/11 |
| Hulkey Fasteners | Oct11020 | 1122 | Airframe fasteners | $ 4.25 | 17,000 | $ 72,250.00 | 30 | 10/11/11 | 10/19/11 |
| Fast-Tie Aerospace | Oct11021 | 6321 | O-Ring | $ 2.45 | 1,250 | $ 3,062.50 | 30 | 10/12/11 | 10/21/11 |
| Alum Sheeting | Oct11022 | 4224 | Bolt-nut package | $ 3.95 | 4,500 | $ 17,775.00 | 30 | 10/15/11 | 10/20/11 |
| Durrable Products | Oct11023 | 5454 | Control Panel | $ 220.00 | 500 | $ 110,000.00 | 45 | 10/15/11 | 10/20/11 |
| Manley Valve | Oct11024 | 7258 | Pressure Gauge | $ 100.50 | 100 | $ 10,050.00 | 30 | 10/15/11 | 10/24/11 |
| Steelpin Inc. | Oct11025 | 8008 | Machined Valve | $ 645.00 | 150 | $ 96,750.00 | 30 | 10/15/11 | 10/26/11 |
| Alum Sheeting | Oct11026 | 5417 | Control Panel | $ 255.00 | 500 | $ 127,500.00 | 30 | 10/20/11 | 10/27/11 |
| Manley Valve | Oct11027 | 7258 | Pressure Gauge | $ 100.50 | 95 | $ 9,547.50 | 30 | 10/20/11 | 10/29/11 |
| Alum Sheeting | Oct11028 | 5634 | Side Panel | $ 185.00 | 150 | $ 27,750.00 | 30 | 10/25/11 | 11/03/11 |
| Durrable Products | Oct11029 | 5275 | Shielded Cable/ft. | $ 1.00 | 25,000 | $ 25,000.00 | 45 | 10/25/11 | 10/30/11 |
| Fast-Tie Aerospace | Oct11030 | 6321 | O-Ring | $ 2.45 | 1,500 | $ 3,675.00 | 30 | 10/25/11 | 11/02/11 |
| Fast-Tie Aerospace | Oct11031 | 5689 | Side Panel | $ 175.00 | 155 | $ 27,125.00 | 30 | 10/25/11 | 11/03/11 |
| Hulkey Fasteners | Oct11032 | 1122 | Airframe fasteners | $ 4.25 | 17,500 | $ 74,375.00 | 30 | 10/25/11 | 11/03/11 |
| Steelpin Inc. | Oct11033 | 5677 | Side Panel | $ 195.00 | 130 | $ 25,350.00 | 30 | 10/28/11 | 11/07/11 |
| Steelpin Inc. | Oct11034 | 8008 | Machined Valve | $ 645.00 | 120 | $ 77,400.00 | 30 | 10/28/11 | 11/04/11 |
| Spacetime Technologies | Oct11035 | 6489 | O-Ring | $ 3.00 | 1,050 | $ 3,150.00 | 25 | 10/29/11 | 11/10/11 |
| Alum Sheeting | Oct11036 | 5634 | Side Panel | $ 185.00 | 140 | $ 25,900.00 | 30 | 10/29/11 | 11/04/11 |
| Manley Valve | Nov11001 | 9977 | Panel Decal | $ 1.00 | 525 | $ 525.00 | 30 | 11/01/11 | 11/07/11 |
| Manley Valve | Nov11002 | 9955 | Door Decal | $ 0.55 | 150 | $ 82.50 | 30 | 11/01/11 | 11/06/11 |
| Fast-Tie Aerospace | Nov11003 | 5689 | Side Panel | $ 175.00 | 150 | $ 26,250.00 | 30 | 11/01/11 | 11/09/11 |
| Fast-Tie Aerospace | Nov11004 | 7268 | Pressure Gauge | $ 95.00 | 110 | $ 10,450.00 | 30 | 11/01/11 | 11/12/11 |
| Steelpin Inc. | Nov11005 | 5677 | Side Panel | $ 195.00 | 120 | $ 23,400.00 | 30 | 11/02/11 | 11/13/11 |
| Manley Valve | Nov11006 | 9967 | Hatch Decal | $ 0.85 | 550 | $ 467.50 | 30 | 11/05/11 | 11/11/11 |
| Fast-Tie Aerospace | Nov11007 | 7268 | Pressure Gauge | $ 95.00 | 105 | $ 9,975.00 | 30 | 11/05/11 | 11/16/11 |
| Fast-Tie Aerospace | Nov11008 | 5689 | Side Panel | $ 175.00 | 175 | $ 30,625.00 | 30 | 11/05/11 | 11/15/11 |
| Steelpin Inc. | Nov11009 | 5677 | Side Panel | $ 195.00 | 110 | $ 21,450.00 | 30 | 11/05/11 | 11/17/11 |
| Manley Valve | Nov11010 | 9955 | Door Decal | $ 0.55 | 125 | $ 68.75 | 30 | 11/05/11 | 11/10/11 |
Mean
| Observation | Cost per order |
| x1 | $2,700.00 |
| x2 | $19,250.00 |
| x3 | $15,937.50 |
| x4 | $18,150.00 |
| x5 | $23,400.00 |
| x6 | $15,750.00 |
| x7 | $17,775.00 |
| x8 | $127,500.00 |
| x9 | $42,500.00 |
| x10 | $103,530.00 |
| x11 | $6,075.00 |
| x12 | $3,300.00 |
| x13 | $6,277.50 |
| x14 | $17,250.00 |
| x15 | $3,150.00 |
| x16 | $14,910.00 |
| x17 | $4,562.50 |
| x18 | $5,292.50 |
| x19 | $121,000.00 |
| x20 | $5,365.50 |
| x21 | $7,245.25 |
| x22 | $15,087.50 |
| x23 | $14,910.00 |
| x24 | $16,330.00 |
| x25 | $110,000.00 |
| x26 | $13,650.00 |
| x27 | $63,000.00 |
| x28 | $3,562.50 |
| x29 | $9,547.50 |
| x30 | $525.00 |
| x31 | $3,847.50 |
| x32 | $17,040.00 |
| x33 | $16,276.75 |
| x34 | $3,705.00 |
| x35 | $10,050.00 |
| x36 | $467.50 |
| x37 | $82.50 |
| x38 | $4,425.00 |
| x39 | $38,250.00 |
| x40 | $15,562.50 |
| x41 | $27,750.00 |
| x42 | $25,900.00 |
| x43 | $44,625.00 |
| x44 | $7,425.00 |
| x45 | $9,000.00 |
| x46 | $10,800.00 |
| x47 | $58,800.00 |
| x48 | $25,000.00 |
| x49 | $42,000.00 |
| x50 | $3,185.00 |
| x51 | $2,940.00 |
| x52 | $6,125.00 |
| x53 | $3,062.50 |
| x54 | $3,675.00 |
| x55 | $26,250.00 |
| x56 | $10,450.00 |
| x57 | $9,975.00 |
| x58 | $23,625.00 |
| x59 | $30,625.00 |
| x60 | $22,575.00 |
| x61 | $24,150.00 |
| x62 | $21,450.00 |
| x63 | $7,425.00 |
| x64 | $7,837.50 |
| x65 | $8,002.50 |
| x66 | $96,750.00 |
| x67 | $64,500.00 |
| x68 | $7,062.50 |
| x69 | $27,125.00 |
| x70 | $23,625.00 |
| x71 | $25,350.00 |
| x72 | $77,400.00 |
| x73 | $19,910.00 |
| x74 | $68.75 |
| x75 | $82,875.00 |
| x76 | $7,000.00 |
| x77 | $6,937.50 |
| x78 | $9,045.00 |
| x79 | $65,875.00 |
| x80 | $6,875.00 |
| x81 | $76,500.00 |
| x82 | $81,937.50 |
| x83 | $53,125.00 |
| x84 | $63,750.00 |
| x85 | $61,625.00 |
| x86 | $23,750.00 |
| x87 | $7,062.50 |
| x88 | $6,781.25 |
| x89 | $375.00 |
| x90 | $6,750.00 |
| x91 | $16,625.00 |
| x92 | $74,375.00 |
| x93 | $72,250.00 |
| x94 | $6,562.50 |
| Sum of cost/order | $2,471,760.00 |
| Number of observations | 94 |
| Mean cost/order | $26,295.32 |
| Excel AVERAGE function | $26,295.32 |
Median
| Rank | Cost per order | ||
| 1 | $68.75 | ||
| 2 | $82.50 | ||
| 3 | $375.00 | ||
| 4 | $467.50 | ||
| 5 | $525.00 | ||
| 6 | $2,700.00 | ||
| 7 | $2,940.00 | ||
| 8 | $3,062.50 | ||
| 9 | $3,150.00 | ||
| 10 | $3,185.00 | ||
| 11 | $3,300.00 | ||
| 12 | $3,562.50 | ||
| 13 | $3,675.00 | ||
| 14 | $3,705.00 | ||
| 15 | $3,847.50 | ||
| 16 | $4,425.00 | ||
| 17 | $4,562.50 | ||
| 18 | $5,292.50 | ||
| 19 | $5,365.50 | ||
| 20 | $6,075.00 | ||
| 21 | $6,125.00 | ||
| 22 | $6,277.50 | ||
| 23 | $6,562.50 | ||
| 24 | $6,750.00 | ||
| 25 | $6,781.25 | ||
| 26 | $6,875.00 | ||
| 27 | $6,937.50 | ||
| 28 | $7,000.00 | ||
| 29 | $7,062.50 | ||
| 30 | $7,062.50 | ||
| 31 | $7,245.25 | ||
| 32 | $7,425.00 | ||
| 33 | $7,425.00 | ||
| 34 | $7,837.50 | ||
| 35 | $8,002.50 | ||
| 36 | $9,000.00 | ||
| 37 | $9,045.00 | ||
| 38 | $9,547.50 | ||
| 39 | $9,975.00 | ||
| 40 | $10,050.00 | ||
| 41 | $10,450.00 | ||
| 42 | $10,800.00 | ||
| 43 | $13,650.00 | ||
| 44 | $14,910.00 | ||
| 45 | $14,910.00 | ||
| 46 | $15,087.50 | ||
| 47 | $15,562.50 | $15,562.50 | |
| 48 | $15,750.00 | $15,750.00 | |
| 49 | $15,937.50 | Average | $15,656.25 |
| 50 | $16,276.75 | ||
| 51 | $16,330.00 | ||
| 52 | $16,625.00 | ||
| 53 | $17,040.00 | ||
| 54 | $17,250.00 | ||
| 55 | $17,775.00 | ||
| 56 | $18,150.00 | ||
| 57 | $19,250.00 | ||
| 58 | $19,910.00 | ||
| 59 | $21,450.00 | ||
| 60 | $22,575.00 | ||
| 61 | $23,400.00 | ||
| 62 | $23,625.00 | ||
| 63 | $23,625.00 | ||
| 64 | $23,750.00 | ||
| 65 | $24,150.00 | ||
| 66 | $25,000.00 | ||
| 67 | $25,350.00 | ||
| 68 | $25,900.00 | ||
| 69 | $26,250.00 | ||
| 70 | $27,125.00 | ||
| 71 | $27,750.00 | ||
| 72 | $30,625.00 | ||
| 73 | $38,250.00 | ||
| 74 | $42,000.00 | ||
| 75 | $42,500.00 | ||
| 76 | $44,625.00 | ||
| 77 | $53,125.00 | ||
| 78 | $58,800.00 | ||
| 79 | $61,625.00 | ||
| 80 | $63,000.00 | ||
| 81 | $63,750.00 | ||
| 82 | $64,500.00 | ||
| 83 | $65,875.00 | ||
| 84 | $72,250.00 | ||
| 85 | $74,375.00 | ||
| 86 | $76,500.00 | ||
| 87 | $77,400.00 | ||
| 88 | $81,937.50 | ||
| 89 | $82,875.00 | ||
| 90 | $96,750.00 | ||
| 91 | $103,530.00 | ||
| 92 | $110,000.00 | ||
| 93 | $121,000.00 | ||
| 94 | $127,500.00 | ||
Variance
| Observation | Cost per order | (xi - mean) | (xi - mean)^2 |
| x1 | $2,700.00 | -$23,595.32 | $556,739,085.74 |
| x2 | $19,250.00 | -$7,045.32 | $49,636,521.91 |
| x3 | $15,937.50 | -$10,357.82 | $107,284,417.52 |
| x4 | $18,150.00 | -$8,145.32 | $66,346,224.04 |
| x5 | $23,400.00 | -$2,895.32 | $8,382,872.97 |
| x6 | $15,750.00 | -$10,545.32 | $111,203,755.95 |
| x7 | $17,775.00 | -$8,520.32 | $72,595,838.40 |
| x8 | $127,500.00 | $101,204.68 | $10,242,387,426.17 |
| x9 | $42,500.00 | $16,204.68 | $262,591,681.48 |
| x10 | $103,530.00 | $77,234.68 | $5,965,195,926.17 |
| x11 | $6,075.00 | -$20,220.32 | $408,861,306.48 |
| x12 | $3,300.00 | -$22,995.32 | $528,784,702.76 |
| x13 | $6,277.50 | -$20,017.82 | $400,713,083.48 |
| x14 | $17,250.00 | -$9,045.32 | $81,817,798.51 |
| x15 | $3,150.00 | -$23,145.32 | $535,705,798.51 |
| x16 | $14,910.00 | -$11,385.32 | $129,625,492.12 |
| x17 | $4,562.50 | -$21,732.82 | $472,315,428.16 |
| x18 | $5,292.50 | -$21,002.82 | $441,118,412.20 |
| x19 | $121,000.00 | $94,704.68 | $8,968,976,575.10 |
| x20 | $5,365.50 | -$20,929.82 | $438,057,329.61 |
| x21 | $7,245.25 | -$19,050.07 | $362,905,134.58 |
| x22 | $15,087.50 | -$11,207.82 | $125,615,210.08 |
| x23 | $14,910.00 | -$11,385.32 | $129,625,492.12 |
| x24 | $16,330.00 | -$9,965.32 | $99,307,585.74 |
| x25 | $110,000.00 | $83,704.68 | $7,006,473,596.38 |
| x26 | $13,650.00 | -$12,645.32 | $159,904,096.38 |
| x27 | $63,000.00 | $36,704.68 | $1,347,233,596.38 |
| x28 | $3,562.50 | -$22,732.82 | $516,781,066.46 |
| x29 | $9,547.50 | -$16,747.82 | $280,489,446.25 |
| x30 | $525.00 | -$25,770.32 | $664,109,349.04 |
| x31 | $3,847.50 | -$22,447.82 | $503,904,584.54 |
| x32 | $17,040.00 | -$9,255.32 | $85,660,932.55 |
| x33 | $16,276.75 | -$10,018.57 | $100,371,727.79 |
| x34 | $3,705.00 | -$22,590.32 | $510,322,519.25 |
| x35 | $10,050.00 | -$16,245.32 | $263,910,394.25 |
| x36 | $467.50 | -$25,827.82 | $667,076,241.99 |
| x37 | $82.50 | -$26,212.82 | $687,111,887.73 |
| x38 | $4,425.00 | -$21,870.32 | $478,310,859.68 |
| x39 | $38,250.00 | $11,954.68 | $142,914,394.25 |
| x40 | $15,562.50 | -$10,732.82 | $115,193,406.88 |
| x41 | $27,750.00 | $1,454.68 | $2,116,096.38 |
| x42 | $25,900.00 | -$395.32 | $156,277.23 |
| x43 | $44,625.00 | $18,329.68 | $335,977,200.10 |
| x44 | $7,425.00 | -$18,870.32 | $356,088,944.78 |
| x45 | $9,000.00 | -$17,295.32 | $299,128,064.46 |
| x46 | $10,800.00 | -$15,495.32 | $240,104,915.53 |
| x47 | $58,800.00 | $32,504.68 | $1,056,554,277.23 |
| x48 | $25,000.00 | -$1,295.32 | $1,677,851.70 |
| x49 | $42,000.00 | $15,704.68 | $246,637,000.63 |
| x50 | $3,185.00 | -$23,110.32 | $534,086,851.17 |
| x51 | $2,940.00 | -$23,355.32 | $545,470,932.55 |
| x52 | $6,125.00 | -$20,170.32 | $406,841,774.57 |
| x53 | $3,062.50 | -$23,232.82 | $539,763,885.61 |
| x54 | $3,675.00 | -$22,620.32 | $511,678,838.40 |
| x55 | $26,250.00 | -$45.32 | $2,053.83 |
| x56 | $10,450.00 | -$15,845.32 | $251,074,138.93 |
| x57 | $9,975.00 | -$16,320.32 | $266,352,817.12 |
| x58 | $23,625.00 | -$2,670.32 | $7,130,604.36 |
| x59 | $30,625.00 | $4,329.68 | $18,746,136.27 |
| x60 | $22,575.00 | -$3,720.32 | $13,840,774.57 |
| x61 | $24,150.00 | -$2,145.32 | $4,602,394.25 |
| x62 | $21,450.00 | -$4,845.32 | $23,477,117.66 |
| x63 | $7,425.00 | -$18,870.32 | $356,088,944.78 |
| x64 | $7,837.50 | -$18,457.82 | $340,691,087.73 |
| x65 | $8,002.50 | -$18,292.82 | $334,627,232.42 |
| x66 | $96,750.00 | $70,454.68 | $4,963,862,053.83 |
| x67 | $64,500.00 | $38,204.68 | $1,459,597,638.93 |
| x68 | $7,062.50 | -$19,232.82 | $369,901,332.42 |
| x69 | $27,125.00 | $829.68 | $688,370.31 |
| x70 | $23,625.00 | -$2,670.32 | $7,130,604.36 |
| x71 | $25,350.00 | -$945.32 | $893,628.29 |
| x72 | $77,400.00 | $51,104.68 | $2,611,688,404.89 |
| x73 | $19,910.00 | -$6,385.32 | $40,772,300.63 |
| x74 | $68.75 | -$26,226.57 | $687,832,929.32 |
| x75 | $82,875.00 | $56,579.68 | $3,201,260,285.21 |
| x76 | $7,000.00 | -$19,295.32 | $372,309,341.06 |
| x77 | $6,937.50 | -$19,357.82 | $374,725,162.20 |
| x78 | $9,045.00 | -$17,250.32 | $297,573,510.74 |
| x79 | $65,875.00 | $39,579.68 | $1,566,551,136.27 |
| x80 | $6,875.00 | -$19,420.32 | $377,148,795.85 |
| x81 | $76,500.00 | $50,204.68 | $2,520,509,979.36 |
| x82 | $81,937.50 | $55,642.18 | $3,096,052,289.86 |
| x83 | $53,125.00 | $26,829.68 | $719,831,774.57 |
| x84 | $63,750.00 | $37,454.68 | $1,402,853,117.66 |
| x85 | $61,625.00 | $35,329.68 | $1,248,186,349.04 |
| x86 | $23,750.00 | -$2,545.32 | $6,478,649.57 |
| x87 | $7,062.50 | -$19,232.82 | $369,901,332.42 |
| x88 | $6,781.25 | -$19,514.07 | $380,798,894.75 |
| x89 | $375.00 | -$25,920.32 | $671,862,944.78 |
| x90 | $6,750.00 | -$19,545.32 | $382,019,500.63 |
| x91 | $16,625.00 | -$9,670.32 | $93,515,072.44 |
| x92 | $74,375.00 | $48,079.68 | $2,311,655,710.74 |
| x93 | $72,250.00 | $45,954.68 | $2,111,832,692.12 |
| x94 | $6,562.50 | -$19,732.82 | $389,384,151.56 |
| Sum of cost/order | $2,471,760.00 | Sum of squared deviations | $82,825,295,365.68 |
| Number of observations | 94 | ||
| Mean cost/order | $26,295.32 | Variance | 890,594,573.82 |
| Excel VAR.S function | 890,594,573.82 | ||
z-scores
| Observation | Cost per order | z-score |
| x74 | $68.75 | -0.88 |
| x37 | $82.50 | -0.88 |
| x89 | $375.00 | -0.87 |
| x36 | $467.50 | -0.87 |
| x30 | $525.00 | -0.86 |
| x1 | $2,700.00 | -0.79 |
| x51 | $2,940.00 | -0.78 |
| x53 | $3,062.50 | -0.78 |
| x15 | $3,150.00 | -0.78 |
| x50 | $3,185.00 | -0.77 |
| x12 | $3,300.00 | -0.77 |
| x28 | $3,562.50 | -0.76 |
| x54 | $3,675.00 | -0.76 |
| x34 | $3,705.00 | -0.76 |
| x31 | $3,847.50 | -0.75 |
| x38 | $4,425.00 | -0.73 |
| x17 | $4,562.50 | -0.73 |
| x18 | $5,292.50 | -0.70 |
| x20 | $5,365.50 | -0.70 |
| x11 | $6,075.00 | -0.68 |
| x52 | $6,125.00 | -0.68 |
| x13 | $6,277.50 | -0.67 |
| x94 | $6,562.50 | -0.66 |
| x90 | $6,750.00 | -0.65 |
| x88 | $6,781.25 | -0.65 |
| x80 | $6,875.00 | -0.65 |
| x77 | $6,937.50 | -0.65 |
| x76 | $7,000.00 | -0.65 |
| x68 | $7,062.50 | -0.64 |
| x87 | $7,062.50 | -0.64 |
| x21 | $7,245.25 | -0.64 |
| x44 | $7,425.00 | -0.63 |
| x63 | $7,425.00 | -0.63 |
| x64 | $7,837.50 | -0.62 |
| x65 | $8,002.50 | -0.61 |
| x45 | $9,000.00 | -0.58 |
| x78 | $9,045.00 | -0.58 |
| x29 | $9,547.50 | -0.56 |
| x57 | $9,975.00 | -0.55 |
| x35 | $10,050.00 | -0.54 |
| x56 | $10,450.00 | -0.53 |
| x46 | $10,800.00 | -0.52 |
| x26 | $13,650.00 | -0.42 |
| x16 | $14,910.00 | -0.38 |
| x23 | $14,910.00 | -0.38 |
| x22 | $15,087.50 | -0.38 |
| x40 | $15,562.50 | -0.36 |
| x6 | $15,750.00 | -0.35 |
| x3 | $15,937.50 | -0.35 |
| x33 | $16,276.75 | -0.34 |
| x24 | $16,330.00 | -0.33 |
| x91 | $16,625.00 | -0.32 |
| x32 | $17,040.00 | -0.31 |
| x14 | $17,250.00 | -0.30 |
| x7 | $17,775.00 | -0.29 |
| x4 | $18,150.00 | -0.27 |
| x2 | $19,250.00 | -0.24 |
| x73 | $19,910.00 | -0.21 |
| x62 | $21,450.00 | -0.16 |
| x60 | $22,575.00 | -0.12 |
| x5 | $23,400.00 | -0.10 |
| x58 | $23,625.00 | -0.09 |
| x70 | $23,625.00 | -0.09 |
| x86 | $23,750.00 | -0.09 |
| x61 | $24,150.00 | -0.07 |
| x48 | $25,000.00 | -0.04 |
| x71 | $25,350.00 | -0.03 |
| x42 | $25,900.00 | -0.01 |
| x55 | $26,250.00 | -0.00 |
| x69 | $27,125.00 | 0.03 |
| x41 | $27,750.00 | 0.05 |
| x59 | $30,625.00 | 0.15 |
| x39 | $38,250.00 | 0.40 |
| x49 | $42,000.00 | 0.53 |
| x9 | $42,500.00 | 0.54 |
| x43 | $44,625.00 | 0.61 |
| x83 | $53,125.00 | 0.90 |
| x47 | $58,800.00 | 1.09 |
| x85 | $61,625.00 | 1.18 |
| x27 | $63,000.00 | 1.23 |
| x84 | $63,750.00 | 1.26 |
| x67 | $64,500.00 | 1.28 |
| x79 | $65,875.00 | 1.33 |
| x93 | $72,250.00 | 1.54 |
| x92 | $74,375.00 | 1.61 |
| x81 | $76,500.00 | 1.68 |
| x72 | $77,400.00 | 1.71 |
| x82 | $81,937.50 | 1.86 |
| x75 | $82,875.00 | 1.90 |
| x66 | $96,750.00 | 2.36 |
| x10 | $103,530.00 | 2.59 |
| x25 | $110,000.00 | 2.80 |
| x19 | $121,000.00 | 3.17 |
| x8 | $127,500.00 | 3.39 |
| Mean | $26,295.32 | |
| Standard Deviation | $29,842.83 |
Descriptive Statistics
| Cost per order | A/P Terms (Months) | ||
| Mean | 26295.3191489362 | Mean | 30.6382978723 |
| Standard Error | 3078.0530144614 | Standard Error | 0.7022940258 |
| Median | 15656.25 | Median | 30 |
| Mode | 14910 | Mode | 30 |
| Standard Deviation | 29842.8311965281 | Standard Deviation | 6.8089932053 |
| Sample Variance | 890594573.824468 | Sample Variance | 46.3623884695 |
| Kurtosis | 2.0796373023 | Kurtosis | 1.512188562 |
| Skewness | 1.6642715186 | Skewness | 0.5992650034 |
| Range | 127431.25 | Range | 30 |
| Minimum | 68.75 | Minimum | 15 |
| Maximum | 127500 | Maximum | 45 |
| Sum | 2471760 | Sum | 2880 |
| Count | 94 | Count | 94 |