Analysis and Business Report for Pecan Peanuts Corporation Data

This report provides a comprehensive analysis of the Pecan Peanuts Corporation, a manufacturer of nut-based snacks. It begins with an overview of the Australian pecan industry and the company's operations, followed by a linear forecasting model for export production, projecting figures for 2021 and 2022. The report then delves into health issues associated with different types of nuts, including cashews, pistachios, pecans, and peanuts, examining the saturated fat content and potential health implications. Furthermore, it assesses quality assurance conditions for machine working, comparing the performance of old and new machinery and providing a cost analysis for the purchase of new equipment. Hypothesis testing is conducted to determine differences between machines, and a pros and cons analysis supports the decision to replace old machinery. Customer satisfaction is evaluated through a survey, and a SWOT analysis is performed to assess the company's strengths, weaknesses, opportunities, and threats for potential expansion. The report concludes by summarizing the key findings and emphasizing the importance of various operational components, such as machinery replacement, to facilitate improvements within the sector.

Data Analysis (Peacan Peanuts) Report

Contents

INTRODUCTION
The entire study project is bases on the Pecan Peanuts corporation which is enterprise that
manufactures multiple kinds of snacking merchandise made using varying nuts. This carries out
its businesses in different regions and imports ingredients from Australia to satisfy consumer
needs. The present study reflects on different components (Brar and Danyluk, 2018). This
provides a summary of pecan business sector and also the enterprise, the application of linear-
forecasting methodology, an evaluation of health problems relevant to nut market, and a quality
improvement analysis of two machines. In conjunction, the estimation of the expense of new
machineries, the validation of the concept, satisfaction of the customers with the SWOT as well
as pros and cons study has also been addressed in this study-report.
TASK 1
Overview of Australian Pecan Industry
Overview of organisation: Pecan Peanuts corporation is large entity that functions in
many countries. All the products which it sells on the marketplace are made in its UK-based
plant. Top-selling products of the corporation are the pecans and peanuts as well as they also
supply cashews and pistachios. Corporation is strongly centred on satisfying the needs of
consumers. One of machines appears to be disabled enough that company is able to replace this
so the corporation might be strengthened.
Overview of Australian Pecan Industry: Australian Pecan Sector exports are
approximately 104.5 for year-2018 and year-2019, showing a huge rise in exports. Australia sells
various types of nuts to nations across the globe. Mostly includes chestnuts, macadamias,
almonds, walnuts, pistachio, hazelnuts, pecan etc. On the bases of HTW study, the region
of orchards where most pecan are grown is presently produced apparently 3000 tons of shells
(Overviews of Australian Pecan Industry, 2019).
Production areas:
The bulk of the Aussie pecan plant is grown in the Gwydir Valleys, east of Moree in northern
NSW, under cultivation.
Development on a lesser scale stretches from the Hunter Valley and Nelson Bay on the NSW
Northern Beaches to near Kenilworth on the Mid Northern Coast, as well as around Leeds on the
Northern Coast.
1

Current production:
The national region of pecan orchards is reportedly 1,800 ha, generating nearly 300 tons of in-
shell production (1,650 tonnes of kernel).
With pecan trees requiring ten years more than to achieve peak maturity, there is a long lag
period before crop size is impacted by field crops. Increases in demand are now seen following a
long time of decline.
TASK 2
Linear forecast of export production for 2021 and 2022
Data for export in Australia is as follows:
Years
Export
(Australian
Dollar)
2014… 11.90
2015… 11.80
2016… 15.80
2017… 15.50
2018… 20.30
2019… 19.70
2020… 25.50
The chart on the basis of linear forecast is as follows:
2

The aforementioned chart indicates that exports figures of Australia would be 25.90 in year-2021
and 28.10 in year-2022. Linear forecasting concept is which is done in excel-sheet to ascertain it.
FORECAST.LINEAR is formula (The year/period for which estimations are required to
be produced, information of past years, aggregate duration) (Jiang, Wang and Sun, 2017). The
descriptions which are generated with aid of formulation are presented in table below:
Year Export
2014… 11.90
2015… 11.80
2016… 15.80
2017… 15.50
2018… 20.30
2019… 19.70
2020… 25.50
2021… 25.90
2022… 28.10
With the assistance of this model included in Excel-sheet, it has been established that the
exports of peanuts would be about 25.90 in period 2021 and also that export would be
approximately 28.10 in period 2022. This demonstrates that exports will rise by a large
proportion in the near future. The forecasted figures of exports exhibit that there would be
incremental trend in the export. This increase will bring new opportunities for business as we
TASK 3
Different types of health issues in the market of cashew, pistachio, pecan and peanut
The content of saturated fat in different types of nuts such as cashew, pistachio, pecans and
peanuts are listed in table below:
3

4

The material of saturated fats in various varieties of nuts, including cashews, pistachios, pecans
as well as peanuts, could be seen in table here below: The graph mentioned shows that the
amount of saturated fats in cashews is quite high relative to all of other nuts, that implies that it
can cause different health problems for customers. The greater content with saturated fat
following cashews is in pecan, that also has a quite large proportion of the saturated fat. Besides
these peanuts including pistachios, they have around 1.9 and 1.6 grams of aggregate saturated fat
(Kluczkovski, 2019).
As the amount of saturated fats in cashews is quite high, it can lead to health complications
for people. As chart shows in Walnuts there is maximum 72% Polyunsaturated fat while in
pecans there is 57% and in almonds there is 64% monounsaturated fat. The biggest health
problem that will have an effect on individuals' health would be obesity, that can impair their
everyday life and contribute to a rise in weights. Those who give consideration to exercise are
consuming pistachios as the amount of saturated fats in it is quite poor.
TASK 4
All the quality assurance conditions for machine working
The probability of the failure of old machinery is around 80 percent as well as chances of failure
of new machine is around 20 percent. These findings are based on the latest monitoring carried
out by the organisation in order to assess the criteria for system transition. Besides this, quality
5

assurance department stated that operating on one computer would be nearly 99.99 per cent
(Cheng, 2017).
In attempt to assess the criteria for quality assurance, following measurements shall be rendered
in attempt to meet the following criteria:
Formula for functioning: probability of machine operating – probability of
machine's failure
New machinery = 0.9999-0.20
0.7999 = 0.7999 * 100 = 79.99%
Old machinery = 0.9999 – 0.8099
= 0.1999 * 100 = 19.99%
Comparative study of the two machines: the following figures reveal that if the machine is
upgraded, the chance of a higher operating level would be around 0.79 per cent and, when
machine is not replaced, high working rate of old machine would be 0.19 per cent. The quality
control division of the corporation must purchase a new machinery as its likelihood of a
higher degree of output is very large. Besides this, the proportion of loss of new machinery is
very poor relative to the older one (Cheng, 2019).
TASK 5
Cost of the new machine which will be bought by the enterprise
The profit sum would be earned during next six-years (per-month) = $ 2000
Loan amount which would be borrowed by entity = 96000
Percentage (%) of interest on loan/borrowings = 9%
The forecasted/predicted income yearly = 12 months * 2000
= 24000
The incomes for forthcoming six-years would be as follows:
6

Computation of the annual instalments for the loan, whether it is obtained for six years or
around 72 months, shall be carried out on the grounds of PMT equation in excel-sheet. The
calculations/computations shall be as follows:
If loan sum of around 96000 is obtained for around 72 months, instalments will be about
1730.45. The net revenue at end of sixth year would be about 144000 and interest-sum will be
charged on compound rate on the outstanding balance of mortgage. 72 months would be enough
for company to pay back loan (Morsy, Hussein and El-Fadl, 2020).
TASK 6
Hypothesis testing for possible differences in two machines
The corporation plans to replace their old machinery with the newer one, but for this
reason 2 distinct alternatives are preferred by the corporation. Detailed details on each of them
as given below:
7

In attempt to decide that all new devices should be used to position the same quantity in
the packages of pecans, six-points technique would be employed to verify hypothesis. The
association of the coefficient methodology would be used for this reason. The meaning would be
about 0.9793 which represents that the options are consistent at a higher level so value
of correlation quite high. Whether it's greater than around 0.70 then variable comparability
would be higher and if it is lesser than 0.70 then variable compatibility would be minimal.
The values of Machinery A and B correlations, which are two separate options, is
around 0.9793, which is closer to 1 because it indicates that compatibility of both variables is
strong. When choosing one choice from 2 factors, it is quite essential for individuals such as
Pecan Peanuts using correlation coefficient methodology. It will aid to assess the degree of
efficiency of machines such that it might be evaluated whether or not they are the right choices.
As Pecan Peanuts correlation reached 0.9793, that is really high, which would make it tough for
the organisation to pick the right one out of them.
TASK 7
Pros and cons analysis to make the decision that the new machine should be bought or not
Pros Score Cons Score
Enhanced volume productivity 8 Interests on the loan 7
Reduced timing of production 8 Trainings and developments
programs for employees/personnel
7
Increased sales/revenues 6 Higher/increased costs of
replacements
8
8

Improved qualities of packaging-task 7
Higher/greater profitability 6
Productions of snacking-items which
are more preferred by targeted-clients
8
Total scores 7.17 Total scores 7.33
The aforementioned demonstrates that pf pros rating of replacing old machinery with new
one is very high relative to the cons score. It indicates that the company should purchase a new
machinery as it would be helpful to the enterprise. This would contribute in greater performance,
revenue and growth.
TASK 8
Analysis of customer satisfaction
The Consumer Satisfactions Questionnaire was answered by 86 people. They all sampled
all nuts, like pistachios, cashews, pecans and peanuts. In attempt to rank them on bases of their
freshness-level and flavour, most of these respondents scored them around three to four, that
indicates that the quality of both factors is higher. The third query referred to the suggestion of
nuts to others and respondents said they were probably and neutral regarding the suggestion
(Robbins, Greenspan and Pegg, 2016).
TASK 9
Initial SWOT analysis for the possible expansion
SWOT assessment is a mechanism of analysis employed by organizations for the purposes
of evaluating all the capabilities, disadvantages, opportunities as well as risks of industries so
that strategies for future can be developed. Pecan Peanuts are planning or extending in a number
of product categories, like Almond Snacks including Macadamia. SWOT study is carried out by
the corporation in attempt to assess the probability of achieving success. These are as follows:
Strengths Weaknesses
• If corporation is extended, number of
consumers would rise.
• As new product offerings are launched,
they can result in better revenues for
the company.
• Whereas the expansion of the company
organisation will have to pay very large
costs.
• When launching new product, the
corporation would have to hire new
9

employees that can manage all
operational operations in order to
achieve higher sales. It's going to be
massive, too (Dean, 2018).
Opportunities Threats
 As the company launches new
products, it would help to target all
clients who want nutritious eating.
 With the aid of market expansion, the
company will achieve business growth-
performance.
 The level of competitiveness can have
an effect on expansion of companies.
 As the product range is extended, old
taste of consumers will be influenced.
CONCLUSION
It has been inferred from the aforementioned project study that corporation Pecan-
Peanuts is leading corporations offering snacks made by nuts. These are all mostly pistachio,
almonds, pecan sand cashew. The company is able to replace with old computer with new one
for which a comparative review is carried out, which aims to facilitate proper improvements to
the sector. When conducting various operations, it is important to concentrate on different
components of replacing machinery. There are advantages and disadvantages, and once they are
substituted, they can manifest in a number of advantages, such as greater profitability, efficiency
and sales. Apart from this, report summarizes about overview of Australian pecan industry,
Linear Forecast of Export Productions for 2021 and 2022 and health issues are also explained.
Apart from this in the further part of report, practical questions are addressed in accordance of
given information.
10

REFERENCES
Books and Journal:
Brar, P. K. and Danyluk, M. D., 2018. Nuts and grains: microbiology and preharvest
contamination risks. Preharvest Food Safety. pp.105-121.
Kluczkovski, A. M., 2019. Fungal and mycotoxin problems in the nut industry. Current Opinion
in Food Science. 29. pp.56-63.
Cheng, S., 2017. Optimization of sensor array of electronic nose for aging time detection of
pecan. Transactions of the Chinese Society of Agricultural Engineering. 33(3). pp.281-
287.
Morsy, G. M., Hussein, R. H. and El-Fadl, H. M. I. A., 2020. The chondroprotective role of
pecans (carya illinoinensis) and pistachio (pistacia vera) against experimentally induced
animal model of knee osteoarthritis. Eurasian Journal of Biosciences. 14(1). pp.1221-
1231.
Robbins, K. S., Greenspan, P. and Pegg, R. B., 2016. Effect of pecan phenolics on the release of
nitric oxide from murine RAW 264.7 macrophage cells. Food Chemistry. 212. pp.681-
687.
Dean, L. L., 2018. Targeted and Non‐Targeted Analyses of Secondary Metabolites in Nut and
Seed Processing. European Journal of Lipid Science and Technology. 120(11).
p.1700479.
Cheng, G., 2019. The Peanuts and Tree Nuts Market in the United States: Demand Analysis,
Variety Seeking, Household Choices, and Consumer Profiling (Doctoral dissertation).
Jiang, S., Wang, J. and Sun, Y., 2017. Qualitative and quantitative analysis of fatty acid profiles
of Chinese pecans (Carya cathayensis) during storage using an electronic nose
combined with chemometric methods. RSC advances. 7(73). pp.46461-46471.
Online
Overview of Australian Pecan Industry. 2019. [Online]. Available through:
< https://www.propertyobserver.com.au/finding/location/rural/105030-australian-pecan-
industry-finally-reaping-rewards.html>
11

APPENDIX
Task 8: Customer satisfaction data of questionnaire:
DATA KEY:
Q1 type 4,3,2,1 (4 = cashews; 3 = pecans; 2 = peanuts; 1 = pistachios)
Q2 freshness: 4,3,2,1 (4 = high; 1 = low)
Q2 tastiness: 4,3,2,1 (4 = high; 1 = low)
Q3 recommendation: 5,4,3,2,1 (5 = high; 1 = low)
12

ID Q1 Q2a Q2b Q3
1 1 4 4 3
2 4 2 4 3
3 1 4 2 3
4 3 4 4 4
5 2 4 4 3
6 2 3 2 3
7 1 3 4 4
8 4 2 2 3
9 1 4 3 2
10 3 4 2 2
11 2 4 2 2
12 2 3 4 1
13 3 3 3 4
14 4 2 2 2
15 1 4 2 1
16 3 4 4 1
17 2 4 2 4
18 2 3 4 2
19 1 3 3 4
20 4 2 4 2
13

21 1 1 2 3
22 3 4 4 3
23 2 4 2 3
24 2 4 4 2
25 1 3 2 3
26 4 2 2 3
27 3 1 4 4
28 3 4 4 3
29 2 4 3 2
30 2 3 2 2
31 1 3 2 2
32 4 2 4 3
33 1 4 4 4
34 3 4 2 2
35 3 3 2 1
36 4 2 4 2
37 1 3 2 2
38 4 4 4 2
39 2 4 3 1
40 2 3 4 2
14

41 4 3 2 3
42 4 2 4 3
43 1 4 2 3
44 3 4 4 2
45 3 3 2 3
46 4 2 2 3
47 3 3 4 4
48 4 2 2 3
49 2 4 3 2
50 2 3 2 4
51 4 3 2 4
52 4 2 4 4
53 1 4 3 4
54 3 4 2 2
55 1 3 2 1
56 4 2 4 2
57 3 3 2 2
58 4 2 4 2
59 1 4 3 4
60 2 3 4 2
61 3 3 4 3
62 4 2 4 3
63 1 4 4 3
64 3 4 4 2
65 3 3 2 3
66 4 2 2 3
67 2 3 4 3
68 4 2 4 3
69 1 4 3 4
70 2 3 2 3
71 3 3 2 4
72 4 2 1 3
73 1 4 3 4
74 3 4 4 3
75 1 3 4 3
76 4 2 4 4
77 1 3 2 4
78 4 2 4 4
79 1 4 4 4
80 4 3 4 4
81 4 3 4 3
82 4 2 4 1
83 1 4 4 5
84 3 4 4 4
85 1 3 4 2
86 4 2 4 5
15

ID Q1 Q2a Q2b
1 1 4 4
2 4 2 4
3 1 4 2
4 3 4 4
5 2 4 4
6 2 3 2
7 1 3 4
8 4 2 2
9 1 4 3
10 3 4 2
11 2 4 2
12 2 3 4
13 3 3 3
14 4 2 2
15 1 4 2
16 3 4 4
17 2 4 2
18 2 3 4
19 1 3 3
20 4 2 4
21 1 1 2
22 3 4 4
23 2 4 2
24 2 4 4
25 1 3 2
26 4 2 2
27 3 1 4
28 3 4 4
29 2 4 3
30 2 3 2
16