Months 1 2 7475AEN 3 15 Given the following data, compute MAD, MSE, and MAPE for...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Months 1 2 7475AEN 3 15 Given the following data, compute MAD, MSE, and MAPE for the following data. Then, please compute the standard deviation of forecast error using the first eight months. Demand 210 240 230 240 280 222 220 250 Forecast 222 235 225 245 265 250 220 273 Forecast Error -12 s 5 |--S 15 -28 10 123722 -23 -43 (A-F) ERROR 12 15 5 5 15 28 10 23 93 Forecast ERROR 144 25 25 25 225 784 b $29 1757 ERROR Actual 100 5.71% 2.08% 2.17% 2.08% 5.36% 12.61% 0% 9.2% 39.21% Months 1 2 7475AEN 3 15 Given the following data, compute MAD, MSE, and MAPE for the following data. Then, please compute the standard deviation of forecast error using the first eight months. Demand 210 240 230 240 280 222 220 250 Forecast 222 235 225 245 265 250 220 273 Forecast Error -12 s 5 |--S 15 -28 10 123722 -23 -43 (A-F) ERROR 12 15 5 5 15 28 10 23 93 Forecast ERROR 144 25 25 25 225 784 b $29 1757 ERROR Actual 100 5.71% 2.08% 2.17% 2.08% 5.36% 12.61% 0% 9.2% 39.21%
Expert Answer:
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
Students also viewed these general management questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
(10 points) Given that ry + xy = 1. 1. Find a solution of the differential equation that satisfies the initial condition y(1) = 10. Answer: y = 2. Find a solution of the differential equation that...
-
A researcher wanted to find out if there was difference between older movie goers and younger movie goers with respect to their estimates of a successful actors income. The researcher first...
-
Identify for each one individually if they are Intensive, selective, or exclusive distribution Identify which distribution strategy is being used in each of the following: 1. Coca Cola products 2....
-
An overhead garage door of weight W consists of a uniform rectangular panel AC that is supported by two sets of frictionless rollers A and B which slide in horizontal and vertical channels,...
-
What is a common technique of frequency compensation in a feedback amplifier?
-
State a conclusion. Exercises 1015 refer to the following data: Anthropologists can estimate the birthrate of an ancient society by studying the age distribution of skeletons found in ancient...
-
Cato Products is considering acquiring a manufacturing plant. The purchase price is $ 1,860,000. The owners believe the plant will generate net cash inflows of $ 310,000 annually. It will have to be...
-
1. To what extent is the government and by extension the tax payer obligated to pay for rebuilding these poor communities impacted by natural disasters? 2. Kind of extending on this question, to what...
-
A golf ball is launched with the initial conditions shown in the figure. Determine the radius of curvature of the trajectory and the time rate of change of the speed of the ball (a) just after launch...
-
(10 points) Let f (x) 1. f'(1)= -2/5 2. f'(6)= = 2 Evaluate each of the following:
-
What is the intial velocity vector if a ball covered 2 5 m horizontally in a 2 second flight?
-
The Rolling Rock Restaurant records its payroll weekly for salaried and hourly rate employees separately. Jessica Talbot and Kristen Millar are salaried employees. There annual salaries are...
-
Fidelity Fund II is considering new stock selection analysis as follows: Stock A Stock B Nikkei (A,B) 6 month Tbill 1- E(R) Portfolio 1 Portfolio 2 Portfolio 3 10% 8% 8% Stock A 40% 30% 60% -0,5 3% 6...
-
3. You have the following payoff table for a decision analysis problem. Payoffs are in units of thousands of dollars of profit. STATE OF NATURE ALTERNATIVES S S Sj St d 35 50 45 40 d 45 40 30 60 d 20...
-
A 10 kilogram body initially moving with a velocity of 10 meters per second makes a head-on collision with a 15 kilogram body initially at rest. The two objects stick together. What is the velocity...
-
The successful brand is Nike the failing brand is Payless 1. What is each company's branding strategy? What audience are they targeting.? 2. Diagnose the brands. Why do you think the strong brand is...
-
The column shown in the figure is fixed at the base and free at the upper end. A compressive load P acts at the top of the column with an eccentricity e from the axis of the column. Beginning with...
-
A weekly time ticket for Joyce Caldwell follows: Required: 1. Determine how much of the $1,200 that Joyce earned during this week would be charged to Job 271, Job 272, and Job 273. 2. Explain how the...
-
A condensed balance sheet for Simultech Corporation and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each line item (a)-(d) as...
-
Use the following terms to complete the sentences that follow. Terms may be used once, more than once, or not at all: Capital expenditures budget Rolling budget Participative Zero-based budget...
-
Show that for an ideal gas, \(\left(\frac{\partial E}{\partial V} ight)_{T}=0\), and for a van der Waals gas, \(\left(\frac{\partial E}{\partial V} ight)_{T}=\frac{a n^{2}}{V^{2}}\).
-
Explain some important methods for the estimation of the fugacity coefficient of a pure substance.
-
Estimate the residual entropy, enthalpy and internal energy at 298 K and 10 bar for nitrogen obeying the van der Waals equation of state, given that T c = 126.2 K and P c = 34.0 bar.
Study smarter with the SolutionInn App