OM_Writeup

OM_Writeup - Zara6pm 1 Littlefield Analysis #1 We used...

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Zara6pm 1 Littlefield Analysis #1 We used several different strategies to try to determine how many new machines we would purchase for the Littlefield Company. The first strategy that we used was calculating a 10-day moving average of the job arrival rate on Microsoft Excel. Through this, we were hoping to get a better idea of the trend of arrival rate and how much the arrival rate was going to increase over the duration of the simulation. We copied the data from the first 50 given days into Excel and developed an equation that would find the 10-day moving average. Using the new equation, we could forecast the expected number of arrivals for any number of days into the future. This method proved ultimately unsuccessful because the equation severely over-predicted the arrival rate. We then decided to try a new method, this time using the Minitab program. We took the same data for the 50 days prior to the beginning of the simulation and copied it into Minitab. We then ran a series of regression tests
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This note was uploaded on 09/17/2008 for the course BUAD 311 taught by Professor Vaitsos during the Spring '07 term at USC.

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OM_Writeup - Zara6pm 1 Littlefield Analysis #1 We used...

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