Multiple Regression Definition and Explanation PDF | Download eBooks
Learn Multiple Regression definition in supply chain management with explanation to study “What is Multiple regression”. Study multiple regression explanation with SCM terms to review supply chain management course for online MBA programs.
Multiple Regression Definition:
An associative forecasting method with more than one independent variable.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Multiple Regression Explanation:
The main purpose of the multiple regression to identify the relationship between the variables such as independent, predictor and dependent. Organizations use these regression procedures to calculate certain equitable compensation plans. Firms can easily find the number of people supervise, amount of responsibility given to them by using this multiple regression technique.
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