In the busy port of Chennai, India, the number of containers loaded onto ships during a 15-week
Question:
1. Develop a linear trend equation to forecast container loadings.
2. Using the equation, forecast the number of containers that will be loaded in weeks 15 and 16.
3. The current loading equipment in the port can handle a loading volume of up to 600 containers. If the loading volume exceeds 600 containers, then the port has to purchase new loading equipment. If the current trend continues, when should the port purchase the new equipment?
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Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
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