Purpose of Assignment
The purpose of this assignment is for students to learn how to apply Operations Forecasting.
Resources: Microsoft® Excel®
Select a business operations dataset from the internet or other sources which can be used for forecasting in the University Library.
Develop a minimum of three quantitative forecasts using Microsoft® Excel®.
- Compare and contrast each quantitative forecast you develop.
- Choose the one forecast you determine would be the best for the firm and be prepared to explain why you chose this.
- Evaluate the impact this forecast would have on the firm from a financial metrics standpoint.
Develop a 700-word report in which you describe your forecasting project including details on all the assignment steps.
Use the same business your team chose and has been observing and collecting data for the Week 3 (attached).
Resources: Microsoft® PowerPoint®
Execute the control phase of the Six Sigma DMAIC project including the following:
- Determine how to maintain the improvements.
- Determine how to monitor and control improvements. (attached is the ppt i used that we can use for this ppt)