Explain the procedure to create a forecast decomposition

Assignment Help Operation Management
Reference no: EM1373938

Q. Explain the procedure to create a forecast using the decomposition method of least square regression

Q. A production line at V. J. Sugumaran's machine shop has 3 stations. The first station can process a unit in 10 min. The second station has 2 identical machines, each of which can process a unit in 12 min. (Each unit only needs to be processed on one of the 2 machines). The third station can process a unit in 8 min. . Which station is the bottleneck station?

 

Reference no: EM1373938

Questions Cloud

Define the accounting concepts - accounting report : Justify your answer by describing what is meant by the term depreciation, the role and process of recognizing depreciation in accounting reports, and by identifying the accounting concepts that give the justification for recognizing depreciation.
Explain how you would rate this performance other things : produced free of a particular defect and passed inspection. Based upon Six-Sigma theory, explain how you would rate this performance, other things being equal.
Which variables would you choose contain ten dimensions : your information mart and 5 indicating that the dimension offers the lowest value and does not desire to be in your information mart. Which variables would you choose if your information mart could only contain 10 dimensions.
Explain how the concept translates thought into action : Explain how the concept translates thought into action, bear on the relationship among business strategy and operation strategy among long term and short term objectives.
Explain the procedure to create a forecast decomposition : Explain the procedure to create a forecast using the decomposition method of least square regression.
Analyzing change in government expenditure : Describe the likely effects on Savings Investment, Long Term Real Interest Rates, The Capital Stock, Natural RGDP and Natural Per Capita RGDP of a reduce in Government Investment Spending
Illustrate what are the key issues facing goggle at the time : Illustrate what are the key issues facing Goggle at the time this case (2010) illustrate what written and illustrate what strategic options can the company pursue to resolve these issues.
Why would long term reliance on a lower valued dollar : Why would long term reliance on a lower valued dollar at best be a short term solution to the competitiveness problem.
Illustrate what are any three dimensions of quality : Illustrate what are any 3 dimensions of quality and which one accurately describes explain how you access education.

Reviews

Write a Review

Operation Management Questions & Answers

  Describe how they have evolved over time

Describe how they have evolved over time. Include references to the moral philosophy or social issues which affect your approach to the development of this Code of Ethics.

  What are four products that company makes

A company makes four products that have the following characteristics. The processing requirements for each product on each of the four machines are explain how in the table.

  Illustrate what should you do continue to produce in-house

The firm uses a cost of capital of 15 percent per year. Illustrate what should you do, continue to produce in-house or accept the bid from your Taiwanese supplier.

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

  Explain the knowledge acquisition strategies

Explain which knowledge acquisition strategies would help wind tunnel to gain the necessary intellectual capital. Discuss the particular objectives of purchasing also supply management.

  Discussing global operations management

Write a five-page paper discussing "Global Operations Management, Global Operations Manufacturing. What are the benefits/downsides of creating manufacturing operations outside the United States?

  Illustrate what is the average number of people in line

Illustrate what is the average number of people in line. Karen raises the price to $5 per cup and takes 60 seconds off the service time.

  Linear programming-operations

A certain farming organization operates three farms of the comparable productivity. The output of each farm is limited both by usable acreage and by amount of water available for irrigation.

  Illustrate what does their management style depend on

Think about one of your previous places of employment. Using the contingency approach, explain illustrate what your managers do, "the way they coordinate and integrate work activities." Illustrate what does their management style depend on.

  Estimated the net present value of theme parks

A consultant has estimated the net present value of Theme Park's 2 alternatives under each state of nature of the planning board's decision as shown below.

  Xplain how many cups of every blend to sell every day

The shop has enough brewing capacity to brew 30 gallons of these 2 coffee blends every day. The manager wants to know Explain how many cups of every blend to sell every day in order to maximize sales.

  Describe demographic makeup

describe the demographic makeup in these years; then identify industries that will be impacted by these data.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd