fbpx

Models

Capacity Decision with Time Series

A manufacturing company that is building a new production facility for the next 15 years must decide how much capacity to build now in the face of future demand uncertainty, where demand in excess of capacity is lost. Future demands are forecast by using @RISK's Time Series Fit tool on historical demand data. There is also uncertainty in the plant cost, the unit production cost, and the unit operating cost.


magnifierarrow-right
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram