Figure shows summer air visibility measurements for Denver, Colorado. The acceptable visibility standard is 100, with readings
Question:
a. Is a trend evident in the data? Which time-series techniques might be appropriate for estimating the average of these data?
b. A medical center for asthma and respiratory diseases located in Denver has great demand for its services when air quality is poor. If you were in charge of developing a short-term (say. three-day) forecast of visibility, which causal factor(s) would you analyze? In other words, which external factors hold the potential to significantly affect visibility in the short genii?
c. Tourism, an important factor in Denvers economy, is affected by the citys image. Air quality, as measured by visibility, affects the citys image. If you were responsible for development of tourism, which causal factor(s) would you analyze to forecast visibility for the medium term (say, the next two summers)?
d. The federal government threatens to withhold several hundred million dollars in Department of transportation funds unless Denver meets visibility standards within eight years how would you proceed to generate a long-term judgment forecast of technologies that will be available to improve visibility in the next 10years?
Step by Step Answer:
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra