Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Assignment

Using the date provided in problem 12 of chapter 6, develop the projection for wins of the 15 year using the following models:

1. Linear regression

2. Moving Average using a N= 4, and N=6

3. Weight Moving Average with (45%, 30%, 25%)

4. Exponential Smoothing with alpha =20%

Calculate the MAD for each model and determine which model is more aligned with the trend of the values.

Calculate R and F for the Linear regression and make your interpretation.

Problem 12 - Chapter 6

The graduate assistant for the Santa Clara Broncos football team has compiled the following statistics:

YEAR

WINS

AVERAGE OFFENSIVE YARDS

AVERAGE INTERCEPTIONS

1

10

500

2

2

8

450

4

3

5

250

10

4

10

485

1

5

7

399

4

6

11

521

2

7

4

158

15

8

11

525

0

9

8

485

4

10

4

300

9

11

5

350

9

12

7

375

9

13

2

150

15

14

5

380

5

a. Using Excel, develop a linear regression model for wins, employing average offensive yards and average interceptions.

b. Calculate the MAD for your model.

c. Calculate R, F, and t statistics and interpret them.

d. Run tests for multicollinearity,auto corrrelation,and he tero scedasticity.Comment on the

outcomes.

Wk 5

Topic: Economic Order Quantity
Determine the Economic Order Quantity in Excel for:
Price of Product: $150
Savings Rate: 12%
Annual Usage: 16240
Cost of transportation: $200/order
Cost of PO preparation: $60/order
Warehouse Rental: $8/piece

Topic: Linear Programming
Develop problem 1 of chapter 8 using excel or by hand. You need to present the objective and constraints equations. No need to solve it.

Problem 1

The Waikiki Enterprise Corporation produces two types of computersatits manufacturing plant in Torrance, California. Profit on computer A is $900 per unit and for computer B it is $600. The manufacturing plant can produce not more than 50 of computer A and 100 of computer B a day.

The following table displays the capacity for the manufacturing plant.

 

PLANT

CAPACITY TO PRODUCE COMPUTER A

CAPACITY TO PRODUCE COMPUTER B

MAXIMUM AVAILABLE CAPACITY

A Riverview Plant

51

101

18000

Unit profit

$900

$600

 

a. What are the decision variables?

b. What is the objective function?

c. What are the constraints?

d. What are the non-negativity assumptions?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93134135
  • Price:- $60

Priced at Now at $60, Verified Solution

Have any Question?


Related Questions in Operation Management

Case study exam and patient assessment ndashusing emr and

Case Study: Exam and Patient Assessment –using EMR and ePrescribing Patient Paul has a scheduled appointment with Ms. James, a Physician Assistant at Big City Family Practice, for a sore throat. Medical Assistant Allie e ...

1 what are the key barriers for firms to break the cycle of

1. What are the key barriers for firms to break the Cycle of Failure and move into the Cycle of Success? How should an organization trapped in the cycle of mediocrity proceed? 2. How is supply chain and logistics involve ...

1- what kinds of advantages and disadvantages are

1- What kinds of advantages and disadvantages are associated with the size of an organization? 2- How do the financial analysis of a firm influence its strategic options? 3- Suggest some specific means by which business ...

Entrepreneurship in actionfacebook interview

Entrepreneurship in Action Facebook Interview Process Facebook has developed a rigorous application process for prospective employees that ensures that the company gets top talent and finds people who fit the Facebook cu ...

You have just received an order from an internet retailer

You have just received an order from an Internet retailer for some equipment you need for a business presentation. Unfortunately, some of the equipment is damaged. Write a letter to the retailer in which you explain the ...

1 is general electric striving to conduct its business in

1. Is General Electric striving to conduct its business in an environmentally sustainable manner? What specific additional actions could General Electric take that would make an even greater contribution to environmental ...

Editing sentences to improve style eliminate jargon and

Editing sentences to improve style. Eliminate Jargon and repetition for all sentences, 1) The report that was completed by the finance department organizes essential information in a quite unsatisfactory manner. 2) Few o ...

-research a hotel at which you would like to work

-Research a hotel at which you would like to work determine which position would be the most difficult to execute correctly. Provide specific examples of the challenges that position would present, as well as how you wou ...

What is the difference in your mind and in your common

What is the difference in your mind and in your common usage, between a perception, a generalization, and a stereotype? Give an example of each. After doing so, go to the web and find equivalent definitions of the terms ...

Demonstrate an understanding of the five forces model by

Demonstrate an understanding of the Five Forces Model by choosing an organization or product - then by answering the questions, provide an example for each of the forces in relation to your chosen organization or product ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As