Use pom-qm for windows software to solve forecasting problem

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Reference no: EM13809634

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:

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.

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.

Reference no: EM13809634

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