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OPS 571 help required

OPS 571 help required

All, I must first apologize for the confusion caused with the MS Excel “Forecasting” Template I provided for this assignment. I used the template in a previous offering of this OPS/571 course, where the template worked just fine. However, it appears that this not the case for this offering of OPS/571.

· I have seen several students’ concerns posted through Personal Messages, Threaded Comments, and other means, seeking assistance with using the Template. It turns out, that feedback form one of your classmates identified that the template only works with MS Excel 2016, and not with earlier versions.

· In this same situation, there have also been some, who have been able to complete the assignment using the template provided. What is not known, is if those who were successful, were using MS Excel 2016 or not?

I have labored for several days, attempting to make corrections to the template, which would allow for the assignment criteria as presented in the instructions; to no avail.

Therefore, I developed a new template, which will allow for data to be entered into Columns “A” & “B”, which will populate Column “C” with a forecasted value, based on the historical (Time-based) entries in “A” & “B”.

· Column “A” must use time type data entries: Days, Months, Years, Minutes, Seconds, Hours…Etc.

· Column “B” must use Numerical data entries: Quantities Sold, Admissions, Monetary Amounts, Widgets Produced…Etc.

DO NOT make any changes to Cells in Column “C”. I have taken the formula and incorporated it to calculate a future (forecast) for the historical “Time” and Numerical” data entered into Columns “A” & “B”.

Forecasting will not show for Column “C”, Cells C3 thru C14, as you will require more data points in Columns “A” & “B” than just the A3 thru A14, and B3 thru B14. However, the Template is set up to provide a forecast out to 8-years (as currently formated for monthly speeding ticket issued by law enforcement).

Notice Column “C” Cells C15 thru C38, shows “C15 – C26” as trending to higher numbers (more tickets issued); this could have multiple meanings. “C27 – C38”  as trending to lower numbers (less tickets issued); this could have multiple meanings as well.

NOTE: “C39 – C98”, the trend is definitely indicating decreasing numbers, but that is because there is no data entered in Column “B” for those corresponding forecasts.

Lastly, I am not interested in the Confidence Intervals, as this function is not working in earlier versions of MS Excel. So, use the data you have collected, enter into the appropriate cells in Columns “A” & “B”… DO NOT ENTER DATA INTO COLUMN “C”.

The expectation is that you are able to present a compelling narrative from the Quantitative data, into a Qualitative understanding of what the forecast is presenting, and what a company might do to posture the business direction for success or minimizing failures as a result.

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