POM-QM for Windows software - Individual Project
RSaleem (Not rated)
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INDIVIDUAL PROJECT
The purpose of this simulation project is to provide you with an opportunity to use the POM-QM for Windows software to solve a forecasting problem.
POM-QM for Windows software
For this part of this project, you will need to use the POM-QM for Windows software:
- Read Appendix IV of the Operations Management (Heizer & Render, 2011) textbook.
- Launch the POM-QM for Windows software and from the main menu select Module, and then Forecasting.
- Next, select File, New, and Least Squares - Simple and Multiple regression.
Individual Project problem
- Use the forecasting module that you opened in the POM-QM for Windows software to solve the case study on page 146 of the Heizer and Render (2011) textbook (South western University). For this case study, you are required to build a forecasting model. Assume a linear regression forecasting model and build a model for each of the five games (five models in total) by using the forecasting module of the POM software.
- Answer the three discussion questions for the case study, except the part requiring you to justify the forecasting technique (Heizer & Render, 2011, p.146), as linear regression would be used.
- 10 years ago
Solution POM-QM for Windows software - Individual Project
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- southwestern_univ_b_question_1.docx
- question_southwestern_b.xlsx