The materials handling manager of a manufacturing company is trying to forecast the cost of maintaining for

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The materials handling manager of a manufacturing company is trying to forecast the cost of maintaining for the company€™s fleet of over the road tractors. The manager believes that the cost of maintaining the tractors increases with their age. The following data was collected:

The materials handling manager of a manufacturing company is try

a. Using POM for windows least linear regression module, develop a relationship to forecast the yearly maintenance cost based on the age of a tractor.
b. If a section has 20 three years old tractors. What is the forecast for the annual maintenancecost?

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Operations management processes and supply chain

ISBN: 978-0136065760

9th edition

Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra

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