The purpose of this simulation project is to provide you with an opportunity to use the POM-QM for Windowssoftware to solve a forecasting problem.
POM-QM for Windows software
For this part of this project, you will need to use the POM-QM for Windows software:
Read Appendix IV of the Operations Management (Heizer & Render, 2011) textbook.
Launch the POM-QM for Windows software and from the main menu select Module, and then Forecasting.
Next, select File, New, and Least Squares - Simple and Multiple regression.