Application of Linear Regression for Evaluation of Production Processes Effectiveness

The effectiveness of production processes is a measure of the proper control of an enterprise, its development and effective meeting the market's needs. Production capacity planning and process scheduling is undoubtedly the key to success. However, in many cases, it is first of all necessary to analyse the current situation, eliminate waste and look for areas to improve business operations. Such actions are supported by ongoing analyses of the tasks being performed and assessment of the accuracy of decisions. In enterprises without modern IT systems, enabling permanent analysis and assessment of production processes, mathematical tools and methods can be helpful. One of them, the linear regression, is presented in this article, highlighting the factors which, among the subjects studied, significantly affect the modelled phenomenon, and the degree of such impact. The analysis was carried out on the example of a manufacturing company from medical industry.

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