PRODUCTION & OPERATIONS MGMT
DSC430 FALL 2015
MULTIPLE REGRESSION ANALYSIS #1
The set of data below shows a random sample of 14 systems analysts who
were surveyed in 1978.
Sampled
Person
A
B
C
D
E
F
G
H
I
J
K
L
M
N
Years in
Experience
5.5
9.0
4.0
8.0
9.5
PRODUCTION / OPERATIONS MGMT
Aggregate Planning Part B
FALL 2014
EXAMPLE 1
Planners for a company are about to prepare the aggregate plan that
will cover six months. They have assembled the following information:
Period
Forecast
1
200
2
200
Costs:
Output
OPERATIONS MANAGEMENT
EXAMINATION #1 FALL 2016
NAME_*_
ECONOMIC ORDER QUANTITY MODEL (INVENTORY MGMT &
CONTROL): BASIC EOQ MODEL IS Order Quantity Q =
2 DS / H
(1) Items purchased from a vender cost $20 each, and the forecast for
the next years demand is
PRODECTION & OPERATIONS MANAGEMENT
EXAMINATION II - SPRING 2016
NAME_*_
Simple Linear Regression (THEORY) Section A
In the simple linear regression model below:
Y
=
i
b
+bX +
0
1
i
e
i
Fill in the spaces the correct answer You may cut and paste:
(a) The s
LINEAR PROGRAMMING DSC 430
Product Mix Problems
Formulation Homework #1
NAME
*
(1) The Southern Sporting Goods Company makes basketballs and
footballs. Each product is produced from two resources rubber and
leather. The resource requirements for each prod
OPERATIONS MANAGEMENT DSC 430
FALL 2016 WAITING LINES HW #1
DUE MONDAY
NAME: *
1. De Morgans Bank is the only bank in a small town in Georgia. On a
typical Friday, an average of 13.6 customers arrives per hour at the
bank to transact business. There is on
DSC 430 MULTIPLE REGRESSION ANALYSIS
Assignment #2 Fall 2016
Due Monday
NAME_*_
MULTIPLE REGRESSION
The date set below was collected from a random sample of 15 households on
the following variables: (1) Weekly Income, (2) House Rent, (3) Food
Expense, (4)
DSC 430 - SIMPLE LINEAR REGRESSION
Assignment #1 Fall 2016
Due Monday September
NAME_*_
SECTION A REGRESSION ANALYSIS AND FORECASTING
(1) The management of an international hotel chain is in the process of
evaluating the possible sites for a new unit on a
POM / QUANTITATIVE METHODS
DSC 430 / DSC 410
REGRESSION ANALYSIS DIAGNOSTICS
SECTION A: SIMPLE LINEAR REGRESSION
The Model is:
Y i = b 0 + b1 X i + e i
Where:
Y i = the dependent or the explained or the predicted
variable or the output.
X i = the independ
PRODUCTION & OPERATIONS MGMT/ QUANTITATIVE
METHODS - FALL 2015
PROJECT MGMT & CONTROL PART II
Deterministic Activity Times Problems
1. St. Croix by the Sea Condominium, located on St. Croix, is undertaking a
renovation of its main building. The project is
OPERATIONS MANAGEMENT
Aggregate Planning Part I
Aggregate planning is medium-range capacity planning that
typically covers a time horizon of 3 to 18 months. The goal
of aggregative planning is to achieve a production plan that
will effectively utilize the
POM / QUANTITATIVE METHODS FOR MGMT DECISION
MAKING Fall Semester, 2015
INTRODUCTION TO QUEUING THEORY 2
RELEVANT DATA AND MEASURES OF PERFORMANCE
QUEUING THEORY
(I)
The Arrival Rate: For non-scheduled arrivals, the arrival process
normally takes on the P
OPERATIONS MGMT (TOOLS) - BREAK-EVEN
ANALYSIS (CAPACITY PLANNING)
Break-even analysis is a critical tool for determining the
capacity a facility must have to achieve profitability. The
objective of break-even analysis is to find the point, in
dollars and
OPERATIONS MANAGEMEMT DSC 430 Fall, 2015
Interpretation and Use of Computer Output (Results)
EXAMINATION 1
NAME: Alex Schjang
REGRESSION & FORECASTING
(1) An analyst at Blue Cross/Blue Shield wants to estimate the simple
linear regression between the numb
PRODUCTION AND OPERATIONS MGMT
FACILITY LAYOUT PLANNING AND DECISIONS
Facility layout refers to the arrangement of machines, departments,
workstations, storage areas, aisles, and common areas within an existing
or proposed facility. The basic objective of
PRODUCTION AND OPERATIONS MANAGEMENT
LOCATION PLANNING AND LOCATION DECISIONS
PART A
In the past, industries tended to concentrate in specific areas for
example, automotive and fabricated metals manufacturers in the
industrial belt of the United Stated (M
OPERATIONS MGMT
LOCATION DECISIONS PART B
SCORING MODELS FOR QUALITATIVE FACTORS
The cost of land and cost of construction of a facility are obviously
expressed in dollar value and it is easy to compare and select a site based on
the dollar figure. Howeve
OPERATIONS MANAGEMENT Summer 2015,
CAPACITY PLANNING
Capacity refers to an upper limit or ceiling on the load an
operating unit can handle. The operating unit can be a
plant, a department, a machine, a store, a restaurant, or a
worker.
The basic questions
OPERATIONS MANAGEMENT
Overview of Forecasting & Forecasting Techniques
Fall 2015
Managing an organization includes anticipation of and managing its future.
Thus forecasting is an integral part of operations management. Forecasts are
the basis for capital
POM / QUANTITATIVE METHODS FOR MGMT DECISION
MAKING DSC 410 / DSC 430
AN INTRODUCTION TO QUEUING THEORY August, 2015
B.Kisuule, Ph.D.
One peculiarity of service operations is that the production of
a service and the consumption of that service occur
concu
POM / QUANTITATIVE METHODS FOR MGMT DECISION
MAKING Fall Semester, 2015
INTRODUCTION TO QUEUING THEORY 2
RELEVANT DATA AND MEASURES OF PERFORMANCE
QUEUING THEORY
(I)
The Arrival Rate: For non-scheduled arrivals, the arrival process
normally takes on the P
POM / QUANTITATIVE METHODS FOR MGMT DECISION
MAKING DSC 410 / DSC 430
AN INTRODUCTION TO QUEUING THEORY August, 2015
B.Kisuule, Ph.D.
One peculiarity of service operations is that the production of
a service and the consumption of that service occur
concu
OPERATIONS MGMT Part D
MANAGEMENT Fall, 2015
Special Inventory Models
Basic EOQ Model with Quantity Discounts
We have dealt with the Basic EOQ model that assumes that
there are no quantity discounts. In practice, however, it is
not uncommon for businesses
WAITING LINES MODEL# 7, FALL 2015
QUEUING THEORY COSTS
How Queuing Theory Can Be Used to Determine
Equipment Acquisition.
OPERATIONAL COST EXAMPLE #1
The XYZ Corporation is considering leasing one of two possible
self-service duplicating machines:
Mark I
PRODUCTION AND OPERATIONS MGMT
INVENTORY MANAGEMENT AND CONTROL
PART A Fall 2015
Good inventory management is essential to the successful operation of
most businesses for a number of reasons. One of these reasons is that
inventory represents money. Anothe
UNIVERSITY OF THE VIRGIN ISLANDS
SCHOOL OF BUSINESS
I. COURSE NUMBER AND TITLE
DSC 430 - Production and Operations Management
II. FACULTY
Ben Kisuule, Ph.D.
University of VI St. Croix; Office NNW 106
Telephone 692-4114 (Office)
E-mail: [email protected]
: k
PRODUCTION & OPERATIONS MGMT DSC 430 - FALL, 2015
Forecasting Simple Linear Regression Applications
Interpretation and Use of Computer Output (Results)
NAME: Alex Schjang_
HW #1
REGRESSION ANALYSIS
An analyst at Blue Cross/Blue Shield wants to estimate th
PRODUCTION & OPERATIONS MGT
SIMPLE LINEAR REGRESSION REVIEW
DSC 430, FALL 2015, FILE #4
DAILY HIGH and ICE CREAM SALES
The owner of a large chain of ice cream would like to study the effect of
atmospheric temperature on sales of ice cream during the summe
PRODUCTION & OPERATIONS MGMT
DSC 430 SIMPLE REGRESSION FILE #2
Simple Regression Analysis
We are going to run the following problem using STORM
Software.
A random sample of 7 one baby live births revealed the following
birth weights (lbs) and cigarette sm