FPB Semiconductor is a SEC registered enterprise whose business is in providing computer chips to a...

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FPB Semiconductor is a SEC registered enterprise whose business is in providing "computer chips" to a number of multinational computer giants such as APPLE, SAMSUNG and LENEVO. Historically, the company's production output of computer chips is in the upswing. Mr. Dela Cruz, the President of the company, is in a dilemma; knowing that he needs to purchase additional equipment to meet production demand. Currently, the company has 4 equipments which have a combined maximum capacity of producing 80,000 units of computer chips (i.e. 20,000 units per equipment). The following data set on production output is exhibited below. a. Complete the following table in preparation for the forecasting (regression) modeling. (20 points) Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Volume Production of Computer Chips (in 1,000 units) 15.75 26.32 28.9 33.7 38.4 41.03 60.2 63.72 69.4 70.6 b. Determine the forecasting (regression) model or equation. (25 points) c. Make a five-year forecast (projection),i.e. from 2023 - 2027 on the volume of production of computer chips using your forecasting (regression) model. (25 points) Volume of Production of Computer Chips (in 1,000 units) Year 2023 2024 2025 2026 2027 d. Based on the forecasted volume of production of computer chips, what will be your line of actions in terms of the acquisition of additional machines for 2023-2027. Justify your answer. (30 points) FPB Semiconductor is a SEC registered enterprise whose business is in providing "computer chips" to a number of multinational computer giants such as APPLE, SAMSUNG and LENEVO. Historically, the company's production output of computer chips is in the upswing. Mr. Dela Cruz, the President of the company, is in a dilemma; knowing that he needs to purchase additional equipment to meet production demand. Currently, the company has 4 equipments which have a combined maximum capacity of producing 80,000 units of computer chips (i.e. 20,000 units per equipment). The following data set on production output is exhibited below. a. Complete the following table in preparation for the forecasting (regression) modeling. (20 points) Year 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Volume Production of Computer Chips (in 1,000 units) 15.75 26.32 28.9 33.7 38.4 41.03 60.2 63.72 69.4 70.6 b. Determine the forecasting (regression) model or equation. (25 points) c. Make a five-year forecast (projection),i.e. from 2023 - 2027 on the volume of production of computer chips using your forecasting (regression) model. (25 points) Volume of Production of Computer Chips (in 1,000 units) Year 2023 2024 2025 2026 2027 d. Based on the forecasted volume of production of computer chips, what will be your line of actions in terms of the acquisition of additional machines for 2023-2027. Justify your answer. (30 points)

Answer rating: 100% (QA)

a Completing the Table for Forecasting Modeling Year Volume Production 1000 units 2013 1575 2014 2632 2015 2890 2016 3370 2017 3840 2018 4103 2019 602... View the full answer