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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.
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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.Ģ. For this case study, you are required to build a forecasting model.
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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). Next, select File, New, and Least Squares – Simple and Multiple regression.ġ. Launch the POM-QM for Windows software and from the main menu select Module, and then Forecasting.ģ. Read Appendix IV of the Operations Management(Heizer & Render, 2011) textbook.Ģ. The authors have included instructions and screen shots for both Excel 2003 and Excel 2007 so instructors and students can work with either one when they solve problems.Īt the end of each chapter, case studies involving quantitative analysis provide additional examples on how real businesses are using quantitative analysis.The purpose of this simulation project is to provide you with an opportunity to use the POM-QM for Windowssoftware to solve a forecasting problem.įor this part of this project, you will need to use the POM-QM for Windows software:ġ. The installation and access of Add-Ins was changed completely.
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