Assignment # 1

From your data base for the last (5) months or years at your organization/ department, calculate the following:

1- Single factor productivity for the last month/year (assuming the number of units/services produced, and numbers of hours used for production or service).

2- Multifactor productivity for the last month/year (assuming the number of units/services produced, and machines cost, materials cost and capital cost for production or service)

3- The Error (difference between actual value and predicted value) (A - F) for the previous (5) months/years according to following:

a. Mean Absolute Deviation (MAD)

b. Mean Squared Error (MSE)

c. Mean Absolute Percent Error (MAPE)

4- The forecast of the sixth month/year according to the following techniques:

a. Simple Moving Average.

b. Weighted Moving Average by assuming the weights (5,4,3,2,1).

c. Exponential Smoothing by assuming ( = 0.2)

d. LinearTrend.