Pecan Peanuts: Production, Nutrition, and Expansion Opportunities

This report covers various aspects of Pecan Peanuts, including their production, nutritional benefits, and expansion opportunities. It includes a SWOT analysis and hypothesis testing, as well as insights into loan repayment and decision-making. The report concludes that the company has effective strategies in place to ensure quality production and can expand its production line for higher profits.

Pecan Peanuts

TABLE OF CONTENTS
MAIN BODY...................................................................................................................................3
Task 1...........................................................................................................................................3
Task 2 in excel.............................................................................................................................3
Task 3...........................................................................................................................................3
Task 4...........................................................................................................................................4
Task 5...........................................................................................................................................5
Task 6...........................................................................................................................................5
Task 7...........................................................................................................................................7
Task 9...........................................................................................................................................7
TASK 10......................................................................................................................................8
REFERENCES..............................................................................................................................10

MAIN BODY
Task 1
Pecan nuts are the source of healthy nutrition which helps human to improve their wellness and
well-being. These pecan nuts are mostly produced in the United Kingdom with different
packaging styles. The production of the pecan nuts mostly done in the Australia under the
irrigation in the Gwydir valley at new south Wales of northern inland (Perera, Hewege and et.al.,
2020). There are approximately 100 pecan growers in Australia who planted more than 190,000
tress in area. The farmers were belonged to Australian industry association and produce 95% of
nuts in Australia.
In research, it has been recognized that there is a strong interest in this industry expansion
and expected to increase the nuts shell product to 9,800 tonnes in the shell by 2025. The
Australian industry has ensures that pecans are extremely long live and highly maintain more
than a time period which is a beneficial and long term investment for an individual. The demand
of nuts are highly exploding in daily life as pecans represent less than 6% of world tree nuts
commerce and consumed majorly by US as they are the native people. Thus, the demands of the
pecan nuts are in Asia, Europe and middle east and results that the pecan market is increasing
rapidly and highly strong in future years.
Task 2 in excel.
Task 3

In general, these all four elements of nutritional nuts provides different benefits and improve the
well-being of an individual. Peanuts are rich in providing the protein, fat and fibre which makes
the person or human creature to stay healthy (Terreblanche, 2019). The peanuts have high
content of unsaturated fat which help them to improve their heart health and able to control the
cholesterol level which reduces the risk of heart strokes. Similarly, cashews are contained of
healthy fats which includes the zinc, vitamin B6, vitamin K and such more. It helps to control
and balance the diabetes prevention in a human body.
Cashews are ;ow carbohydrate impacts the blood sugar level. Along with this, pecan are
the good source of calcium and magnesium which helps to maintain the lower blood pressure.
This nut has mono saturated fat instead of high saturated fats in the body. It also prevents from
the disease prevention and supports the immune system (Hamed, Taha, Darwish, and et.al.,
2021). Looking at pistachios they are loaded with different nutrition and helps to reduce the risk
of big disease like cancer. These are low in calories and provide the high amount of protein in
the body which also helps to lose the weight and obesity of a person.
Task 4
Regard to this, the pecan peanuts operations are separated into two production lines the new
machine and old machine. By monitoring the probability the new one has the probability failure
of 0.20 and old machine has 0.80 failure (Rusu, Mocan, Ferreira, and et.al., 2019). Accordingly,
evaluating these structures, the 0.80 success has been covered by the new machine and 0.20 by
the old. In this context here mentioning the entire calculation which will demonstrate an accurate
understanding.
P1' P2' + P1'P2 + P1 P2
P1 — Probability is viewing that new machine is working.
P1' — Measure is showing that new device is not operative.
P2 — Probability is observing the new machine is not working.
P2' — It is evaluated that new one is working.
P1 — 0.80 P1' — 0.20
P2 — 0.20 P2' — 0.80

As the quality assurance department has measure and insist the probability of 99.999% of a
single machine but measuring them it is not the accurate value and the machine is not providing
the probability of the given percentage (Skouta, 2021).
Task 5
Loan repayment period
6 years
Loan payment Sum of loan amount /Discounting factor
£96000/({[1+.09)^6]-1}/[.09(1+.09)^6]
£96000/4.48
£21428.57
Monthly repayment £21428.57/12
£1785.714
Task 6
Interpretation of six-point procedure of hypothesis testing in order to test the two machines are
comparable in terms of putting same amount in packet or not:
1. Hypothesis:
Null hypothesis- The Null hypothesis shows the no effect or relation between the variables
(Balakrishnan and Wasserman 2018).
Alternate hypothesis- The alternate hypothesis determines the relation exist among the two
variables.
2. Assumptions:
 Two machines are not putting the same amount in the packets.

 Both of the machines are putting the same amount in the packets.
3. Test statistic:
The confidence interval of the structure is up to 95% of the testing. The two machines are
putting the same amount in the packets.
4. Probability statement:
The expected for measuring whether the p-values are null hypothesis and alternate hypothesis are
0.05 (Llorente and et.al., 2020).
5. Calculations:
Machine 1
Particulars figures
Sample 30
Mean weight 180
Standard deviation 40
Z score X-μ/σ
(30-180)/40
-3.75
P-value from that of Z-table
P(x<30) 0.00009
P(x>30)= 1- P(x<30) 0.99991
P(30<x>180)= 0.5-
P(x<30) 0.49991
Machine 2
Particulars figures
Sample 40
Mean weight 170
Standard deviation 10
Z score X-μ/σ
(40-170)/10
-13
P-value from that of Z-table
P(x<40) 0

P(x>40)= 1- P(x<40) 1
P(40<x>170)= 0.5-
P(x<40) 0.5
6 Conclusion:
On the basis of the hypothesis testing it has been determines that the p-values are less than the
0.05 then it shows that the null hypothesis is false. It means that the both of the machines are
putting the same amount in the packets. The null hypothesis has been proven wrong as there is
relation exist among the variables.
Task 7
Decision in relation of buying the new machine
Pros of buying Ratings/10 Cons of buying Ratings/10
Improve efficiency 8 Expensive 8
Save time 7 Depreciation 5
More production 8 Failure risk 6
Improves quality 9 Maintenance 7
Total Pros 32 Total Cons 26
Average Pros 1.28 Average Cons 1.04
Interpretation: On the basis of analysing the pros and cons in relation of buying the new
machine it has been found out that the advantages of machines are more than the disadvantages
of the machines. The average of the pros is 1.28 whereas the average of the cons is 1.04.it clearly
specifies that the machine must be bought. It will ensure the effective production. Also, saves the
time, ensures the quality and improves the over-all operational efficiency of the company. The
pros are high then the cons. Thus, the machine must be bought.
Task 9
SWOT Analysation of pecan peanuts for expanding the product line in Macadamia and
Almond snacks:

Strengths- The organization has adopted the effective technologies in order to ensure the
production. The another strategy of the firm is that the labours are highly skilled in terms of
using the machines. As a result, the strengths of the company enables them to expend their
production line.
Weaknesses- The major weakness of the company is that the organization performs the
operational activities and therefore, there is a risk of harming the environment (Dubey and et.al.,
2018). This hinders the image of the company and it put direct impacts on the operations of the
firm.
Opportunities- The company always provides the quality assurance to the consumers in
affordable price. Therefore, it results in attracting the large number of opportunities for the firm.
In order to expand the production line in Macadamia and almond snack will open up more
opportunities for the company. Such as, increase the customer base and ensures the higher profit.
Threats- The threat to the firm is that product expansion leads to more operational activity. As a
result, there is threat of polluting the environment which may lead to creation of heavy penalties
by the government. Also, it affects the operational process as well (Benzaghta and et.al., 2021).
But, the company has been proven effective enough in performing the CSR strategies. Therefore,
the company can easily overcome the threats.
From the SWOT Analysation, it has been found that the company has the effective strategies in
terms of ensuring the quality production. Also, the company is effectively maintaining their
weakness and threats. Thus, the company can expand their production line. It ensures the higher
profit to the firm.
TASK 10
The above report shows the major findings in relation of the quality assurance that is
given by the company for their products. Quality assurance plays the important role in ensuring
the high standards of quality in products to the consumers (Beger and et.al., 2019). Also, the
company is effectively focusing on each element that is related to the operational efficiency of
the firm. Along with this, it has been found that the firm has approached the large number of
suppliers that are ensuring the quality raw materials to the firm. Also, the company has equal
focus over changing the machines on time. So, the production process can be done in effective
manner. The firm has a belief in the concept of ensuring the health in their products. This shows

that the Pecan peanuts focuses on the health and taste equally. Apart from this, it has been
analysed that the company is highly efficient in terms of expanding their production line. As the
internal strength of the company increasing the ability of the firm in terms of increasing their
production line.

REFERENCES
Books and Journals
Balakrishnan, S. and Wasserman, L., 2018. Hypothesis testing for high-dimensional
multinomials: A selective review. The Annals of Applied Statistics. 12(2). pp.727-749.
Beger and et.al., 2019. Towards quality assurance and quality control in untargeted
metabolomics studies. Metabolomics. 15(1). p.4.
Benzaghta and et.al., 2021. SWOT analysis applications: An integrative literature
review. Journal of Global Business Insights. 6(1). pp.54-72.
Dubey and et.al., 2018. SWOT analysis of cloud computing environment. In Big Data
Analytics (pp. 727-737). Springer, Singapore.
Hamed, A.M., Taha, S.H., Darwish, and et.al., 2021. Antioxidant activity and some quality
characteristics of buffalo yoghurt fortified with peanut skin extract powder. Journal of
Food Science and Technology. 58(6). pp.2431-2440.
Llorente and et.al., 2020. Marginal likelihood computation for model selection and hypothesis
testing: an extensive review. arXiv preprint arXiv:2005.08334.
Perera, C.R., Hewege, C.R. and et.al., 2020. Theorising the emerging green prosumer culture and
profiling green prosumers in the green commodities market. Journal of Consumer
Behaviour.19(4).pp.295-313.
Rusu, M.E., Mocan, A., Ferreira, I.C. and et.al., 2019. Health benefits of Nut consumption in
middle-aged and elderly population. Antioxidants.8(8), p.302.
Skouta, R., 2021. What Did We Accomplish in Fighting Radical Species in Human
Health?. Antioxidants.10(3), p.466.
Terreblanche, A., 2019. Assessing the need of financial products by pecan nut
producers. (Doctoral dissertation, North-West University).