Tuesday, October 7, 2008

Individual assignments

Mike Rooney
1. Using data from the period prior to Day 50, estimate the capacity of the machine at Station 1. Can you do the same for the machines in Station 2 and Station 3? (Hint: Which station is the bottleneck? What seems to be the maximum number of jobs processed by a machine in one day during this period?)

Ben/Kyle
2. Using demand data, forecast (i) total demand on Day 100, and (ii) capacity (machine) requirements for Day 100.
Please create a graph for each of these, and 3 different forecasting techniques. 2 moving average 10 and 15 day, and also a linear trend for the first 50 days that predicts the 100th day. call me if you dont have these figures already, MIke rooney was the expert for capacity machines so you may want to get in contact with him, this is going to mean looking at what demand/lead times were doing vs machine utilization.

Eliot Arntz
3. Around Day 100, create forecasts for (i) total demand on Days 130, 150, and 170, and (ii) related capacity (machine) requirements. (Choose your own data periods. List the assumptions you base your forecast on.) How well did you do with these forecasts?

Matt
4.Try to identify on which days (i) demand levels out, and (ii) demand starts to decrease. (Hint: Moving Averages and Tracking Signal are often useful for tracking data over time.)
download the data if you don't know how call one of us. this is easiest done in a spread sheet and the moving average figures have already been done.
again graphs etc. to prove your points

If you have problems call me or text -973-615-3038-
also please post the earliest time after 6:00 you can meet tomorrow

if you have night classes just let me know when and we can meet after

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