Freight car loadings over an 18-week period at a busy port, Ask an Expert

Management Studies

Freight car loadings over an 18-week period at a busy port are as follows:

Week	Number	Week	Number	Week	Number
1	220	7	350	13	487
2	245	8	360	14	475
3	269	9	436	15	513
4	275	10	380	16	510
5	316	11	425	17	517
6	310	12	450	18	541

Required:

Question 1) Determine a linear trend line for expected freight car loadings.

Question 2) Use the trend equation to predict expected loadings for weeks 24 and 25.

Question 3) The manager intends to install new equipment when the volume exceeds 842 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately how many more weeks? Solve the problem and show all work.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91162631

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