Forecasting plant labor productivity with a time series model
Citation
Abu S.M. Masud, Forecasting plant labor productivity with a time series model, Computers & Industrial Engineering, Volume 9, Issue 1, 1985, Pages 73-81, ISSN 0360-8352, http://dx.doi.org/10.1016/0360-8352(85)90038-5.
Abstract
Plant labor productivity index, defined as the ratio of the standard labor hours and actual labor hours, is an important factor in the determination of the future manpower needs at Cessna Aircraft Co. (Pawnee Division). In this paper, a time series model based on the Box-Jenkins modelling approach is developed. A greater accuracy in forecasting future labor productivity index has been achieved by using this model.
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