Business Commons^™

Extending Time Series Forecasting Methods Using Functional Principal Components Analysis, Isaac Michael Wagner-Muns

Masters Theses

"Traffic volume forecasts are used by many transportation analysis and management systems to better characterize and react to fluctuating traffic patterns. Most current forecasting methods do not take advantage of the underlying functional characteristics of the time series to make predictions. This paper presents a methodology that uses Functional Principal Components Analysis (FPCA) to create smooth and differentiable daily traffic forecasts. The methodology is validated with a data set of 1,813 days of 15 minute aggregated traffic volume time series. Both the FPCA based forecasts and the associated prediction intervals outperform traditional Seasonal Autoregressive Integrated Moving Average (SARIMA) based methods"--Abstract, …

A Neural Network For Collaborative Forecasting, Abdulrahman M. Enani

Masters Theses

As the supply chain activities’ backbone, demand forecasting must be accurate. This paper proposes an artificial neural network forecasting model, which integrates and synchronizes shared information, such as sales or consumption rate among different partners, to improve the forecasting’s accuracy. This information sharing is part of the collaborative planning, forecasting and replenishment (CPFR) model, which is a supply chain model aiming to enhance the supply chain’s efficiency by jointly planning and forecasting between two or more supply chain partners that will be used as the base for production and replenishment activities. The model is validated using a tuna product sales …

An Economic Evaluation Of A Biofuel Supply Chain Utilizing Multiple Feedstocks, Huaqi Zhang

Masters Theses

Biomass is considered as one potential feedstock for biofuel production. However, the high cost of biomass-to-biofuel supply chain, attributed to biomass’s low bulk density and resulting harvest, storage, and transportation challenges, has been a major hindrance to the success of biomass-based biofuel industry. In addition, the issue of dry matter losses during storage for a feedstock has affected biomass quantity and quality if the feedstock is stored for several months after a single harvest in a year. One potential way to improve the economics of biomass supply chain is to reduce storage need and enhance the utilization of harvest equipment …

A Mixed Integer Linear Programming Approach For Developing Salary Administration Systems, Taner Cokyasar

Masters Theses

Determining salary increases of executive personnel is a challenging decision process for many companies. Salary administration policies that aid in the determination of salary increases and other compensation benefits have a wide variety of advantages for both a company and its employees. This thesis develops a mathematical programming approach to create a salary administration system that recognizes the importance of performance and potential of employees for future promotions as major components of a salary increase policy for executive personnel. A number of companies all over the world use salary administration systems that integrate work performance and potential for advancement to …

Simulation Of 48-Hour Queue Dynamics For A Semi-Private Hospital Ward Considering Blocked Beds, Wei Chen

Masters Theses

This thesis study evaluates access to care at an internal medicine unit with solely semi-private rooms at Baystate Medical Center (BMC). Patients are divided into two types: Type I patient consumes one bed; Type II patient occupies two beds or an entire semi-private room as a private space for clinical reasons, resulting in one empty but unavailable (blocked) bed per Type II patient. Because little data is available on blocked beds and Type II patients, unit-level hospital bed planning studies that consider blocked beds have been lacking. This thesis study bridges that gap by building a single-stream and a two-stream …

A Lean Information Management Model For Efficient Operations Of An Educational Entity At The University Of Tennessee, Harshitha Muppaneni

Masters Theses

A software based Management Information System (MIS) is designed and implemented in the Department of Industrial and Systems Engineering at University of Tennessee to handle different types of data requests that are currently processed through multiple steps. This thesis addresses the current resource intensive data management model in educational institutions and proposes a decentralized and customized solution. The proposed software based data management system provides information to authorized sources in the requested format with minimal or no time consumption. The quantification of the new systems’ impact is done by comparing it with current data management process using Graph Theoretic Approach …

Commercial Construction Supply Chain Management Issues Involving Traveling Contractors, Fred Akers

Masters Theses

Supply chain management (SCM) is an important aspect of running any business. To stay competitive in today's marketplace a supply chain management system must be in place to achieve success in this volatile global environment (Fewings, 2005).

This research differentiates the issues between executing a construction project close to home compared to away from home. Being away from home, there typically is no supplier relationship established. Furthermore, the research intends to document certain issues of the commercial construction industry that develop during the execution of a project. This will be based on the comparison of having or not having an …

A Comparative Analysis Of Buyer Patterns In The Asphalt Paver Market, Leonard Llewellyn Decker

Masters Theses

No abstract provided by author.