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Showing posts with the label Residuals

Natural Gas Demand Forecast

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Natural gas demand is highly seasonal, therefore forecasting the final consumption is essential to manage the complete supply chain. Temperature is a main factor affecting home gas consumption for heating. We will analyse the correlation between gas consumption and temperature. Download this Excel file with examples to your PC from OneDrive: Gas Forecast.xlsx   This chart of local consumption during a winter month, leads us to believe that one main factor in consumption is ambient temperature. This may be due to its wide use for heating. We can think of other factors that may affect consumption such as the day of the week so we will analyse this actual consumption data with these two possible factors.  We obtain the day of the week with an Excel formula from the date. We can get the average temperatures of the corresponding geographical area during this period from AEMET (Agencia Estatal de Meteorología) in aemet.es Day of the Week Calculation We obtain the day of the week with this Ex

Response Surface Design Of Experiments with Excel

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Design of Experiments is a useful methodology for process improvement. The purpose is to find a relationship between process variables we can control and key process outputs in order to increase process capability . You can use Excel statistical analysis tools, Solver, Pivot charts, etc. to plan and analyse the results of these experiments. The first approach is to look for a linear relationship as shown in:   Excel DOE But in some cases this relationship may not be linear, in which case we will try a quadratic model with Response Surface DOE . We will use an example in this Excel file you can download: Download file   ExcelResponseSurface.xlsm   from OneDrive to your PC. In this example we are trying to maximize process yield acting on the critical factors pH , Temperature and Time . We will run the experiments in the Experiments simulation sheet using coded values.   Code pH Temperature Time -1 2 120 7 1 12 150 15 Factorial Experiments We start by running a full factorial experi