Quiz – Linear Regression Forecasting Model
MyOMLab Operations Management
Heizer, Render and Munson
13th Edition
Given a table with X and Y numbers, develop a linear regression forecasting model, solving for the slope (b) of the line.
Given a table with X and Y numbers, develop a linear regression forecasting model, solving for the slope (b) of the line.
Given the intercept and slope of a regression, help Mae Designs forecast next year’s annual sales.
Given monthly data for periods 1 through 8 and the actual data, determine the moving average forecast for a given month.
Given the shifts worked by the library each day and the number of books restocked, determine the productivity of books/hr.
Given the number of books the school restocks in a day, and the new number of operating shifts, determine what happened to productivity.
Given the hours that a small metal shop operates, and if productivity increases by a given %, determine the hours that the plant would have to work to produce a certain number of parts.
Given two different forecasting techniques… determine which one more accurately forecasts the actual demand.
Given a giant grid of PPM, OTIF, PPV, and Turns… determine the Supplier Performance Rating.
Asks for definition of stakeholders
Asks about where supply chains deliver: