Question: Forecasting Moving averages - 4 period moving average Enter Enter the the past past demands demands in in the the data data area area Num

Forecasting Moving averages - 4 period moving average Enter Enter the the past past demands demands in in the the data data area area Num pds Data Period Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Next period 4 Demand Forecasts and Error Analysis Forecast Error Absolute #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! Total Average #DIV/0! Squared Abs Pct Err #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! Bias MAD MSE MAPE 12 SE #DIV/0! Not enough data to compute the standard error 10 8 Value 6 4 2 0 1 2 3 D Forecasting 12 pute the standard error 10 8 Value 6 4 2 0 1 2 3 4 5 6 7 Time Demand Forecast 8 9 10 11 Forecasting Weighted moving averages - 2 period moving average Enter Enter the the data data in in the the shaded shaded area. area. Enter Enter weights weights in in INCREASING INCREASING order order from from top top to to bottom. bottom. Data Period Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Demand Weights 0.15 0.3 Forecasts and Error Analysis Forecast Error Absolute 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total Average Bias Next period 0 Squared 0 0 0 0 0 0 0 0 0 0 0 MAD SE Abs Pct Err 0 0 0 0 0 0 0 0 0 0 0 MSE 0 #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! MAPE Forecasting 1 0.9 0.8 0.7 0.6 Value 0.5 0.4 0.3 0.2 0.1 0 1 2 3 4 5 6 7 Time Demand Forecast 8 9 10 11 Forecasting Exponential smoothing Enter Enter alpha alpha (between (between 00 and and 1), 1), enter enter the the past past demands demands in in the the shaded shaded column column then then enter enter aa starting starting forecast. forecast. IfIf the the starting starting forecast forecast isis not not in in the the first first period period then then delete delete the the error error analysis analysis for for all all rows rows above above the the starting starting forecast. forecast. Alpha Data Period Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 0.05 Forecasts and Error Analysis Forecast Error Absolute 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Total 0 Average 0 Bias MAD Demand Squared 0 0 0 0 0 0 0 0 0 0 0 0 0 MSE SE Next period 0 0 0 0 0 0 0 0 0 0 0 0 0 Abs Pct Err #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! MAPE 1 0 0.9 0 0.8 0.7 0.6 Value 0.5 0.4 0.3 0.2 0.1 0 1 2 3 Forecasting 1 0.9 0.8 0.7 0.6 Value 0.5 0.4 0.3 0.2 0.1 0 1 2 3 4 5 6 7 Time Column B 0 8 9 10 LP_min Enter Enter the the values values in in the the shaded shaded area. area. Then Then go go to to the the DATA DATATab Tab on on the the ribbon, ribbon, click click on on Solve Solve Analysis Group and then click SOLVE. Analysis Group and then click SOLVE. IfIf SOLVER SOLVER isis not not on on the the Data Data Tab Tab then then please please see see the the Help Help file file (Solver) (Solver) for for instructions. instructions. To To use use Integer Integer variables, variables, define define them them in in the the Solver Solver model model as as aa constraint. constraint. Linear, Integer and Mixed Integer Programming Signs < = > less than or equal to equals (You need to enter an apostrophe first.) greater than or equal to Data x1 Minimize 10 AM-1 PM 1:00 PM - 4:00 PM 4:00 PM- 7:00 PM 7:00 PM- 10:00 PM 10:00 PM- 1:00 AM Results Variables Objective x2 1 0 x3 1 x4 1 x5 1 1 sign > > > > > RHS 3 4 6 7 4 0 0 Page 1 LP_min ee DATA DATATab Tab on on the the ribbon, ribbon, click click on on Solver Solver in in the the Data Data he Help the Help file file (Solver) (Solver) for for instructions. instructions. model model as as aa constraint. constraint. nter an apostrophe first.) Results LHS Slack/Surplus 0 0 0 0 0 0 3 4 6 7 4 Page 2

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