Paper Title
Forecasting Production through Statistical Technique

Abstract
Nowadays most business organizations specially manufacturing units are facing tough competition due to globalization. The production managers are busy facing peculiar situation involving increase in variety and quality along with reduction in lead time. The complexity of the problem is aggravated by uncertainty in demand patterns. Production managers need to find out how much to produce in a particular time period, and arrange resources accordingly. While product demand is generally forecasted by marketing department, the required levels of various manufacturing resources such as raw material, labour, energy, capacity utilization, etc. need to be planned by the production managers. Statistical techniques can be used to develop mathematical models to determine the level of various input resources to match production with the product demand. One such mathematical model has been developed based on linear regression technique using SPSS. Keywords - forecasting, linear regression, production, product demand, manufacturing resources.