Many manufacturing situations, such as the production of large and complex items as aircraft or machines, exhibit
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Unit Production Hours
1 ……………………………3,161
2 ……………………………2,720
3 ……………………………2,615
4 ……………………………2,278
5 ……………………………2,028
6 ……………………………2,193
7 ……………………………2,249
8 ……………………………2,268
9 ……………………………1,994
10 …………………………..2,000
a. Develop a model for estimating the power curve to minimize the sum of the squared deviations of the errors. Use nonlinear optimization to find the parameters.
b. Modify your model in part (a) to minimize the sum of the absolute deviations of errors. Use Evolutionary Solver to find the best parameters.
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Related Book For
Statistics Data Analysis And Decision Modeling
ISBN: 9780132744287
5th Edition
Authors: James R. Evans
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