Developing Scheduling Standards Using Regression Analysis: An Application Guide
ROBINSON-PAGE-MCDONOUGH AND ASSOCIATES INC GREENLAND NH
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This Application Guide presents a step-by-step introduction to the development of scheduling standards using regression analysis. The presentation employs an example taken from a shipyard sheet metal shop and discusses the issues and procedures in constructing scheduling standards from work order-level data on actual fabrication times. The methods described in this Application Guide have been applied in three different shipyard shops, and in each case have produced scheduling standards with a prediction accuracy of at least 10, when applied to a set of work orders representing roughly a manweek of work. The cost to establish scheduling standards using these methods compares very favorably to the cost for other techniques, especially if engineered labor standards or measured labor standards must be available for those other methods.
- Manufacturing and Industrial Engineering and Control of Production Systems
- Operations Research