Question: How do you calculate percent error or MAPE when demand is 0? (cannot replace 0 with a small constant). This is for a forecasting assignment

How do you calculate percent error or MAPE when demand is 0? (cannot replace 0 with a small constant). This is for a forecasting assignment

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

READ THE ENTIRE PROBLEM BEFORE BEGINNING TO DEVELOP THE SPREADSHEET. Producing correct spreadsheets that implement the specifications in the assignment is, of course, your most important task. But...

Q:

film_category film_id film film_id category_id title category category id name description release_year language_id original_language_id rental_duration film_actor actor_id film_id language language...

Q:

Write 2 paragraphs about Macro risks and the term structure of interest rates article. No max word count, page count, or formatting requirements but has to be submit to my tutor's work as my own....

Q:

Please Answer Asap Thank you! A30. SUPPLEMENT A SPREADSHEET MODELING: AN INTRODUCTION Problems 1. Kaizer Plastic produces a variety of plastic items for pack Soek can work only with a single "Set...

Q:

MBA 6300 online Homework Assignment #4 Forecasting Models Instructions: After the student calculates the answers to this homework he/she must submit the answers by placing them in the Assignment # _...

Q:

MBA You can use any type of the database but you have to identify it and Put the source of this data. also you must use the rules that is mentioned in this chapter these some information from this...

Q:

Week Four Homework Assignment - Forecasting Ajax Manufacturing is an electronic test equipment manufacturing firm that markets a certain piece of specialty test equipment. Ajax has several...

Q:

Forecasting Models Scenario: Ajax Manufacturing is an electronic test equipment manufacturing firm that markets a certain piece of specialty test equipment. Ajax has several competitors who currently...

Q:

Here is all the information provided with the answers to Q 1 and 2. If someone could please help me with 3 and 4. There is no more information or references provided other than what is above. 3) This...

Q:

PLEASE ANSWER THE FOLLOWING TWO QUESTIONS. YOU MUST SHOW YOUR COMPLETE CALCULATIONS FOR FULL CREDIT. 1. (SHOW YOUR COMPLETE WORK) Two independent forecasting methods 1 and 2 have been used each week...

Q:

How far must the mirror M1 in a Michelson interferometer be moved if 850 fringes of 589-nm light are to pass by a reference line?

Q:

You are submitting an application to a professional conference on data-driven decision-making. The application has two parts: Providing information to the conference organizers. Creating a...

Q:

Why are the unlevered and levered profit margins the same in all years, whereas the leverage ratios ( as measured by total assets to common equity ) are not equal to each other in any year?

Q:

Indicate the proper accounting treatment for each element of R&D costs by selecting the appropriate circle. Element CapitalizeExpense 1. The costs of facilities acquired or constructed for R&D...

Q:

1. (Cost of trade credit) Calculate the effective cost of the following trade credit terms when payment is made on the net due date: 2. (Annual percentage yield) Compute the cost of the trade credit...

Q:

For the current year, LNS Corporation reported the following taxable income at the end of its first, second, and third quarters. Quarter-End First Cumulative Taxable Income $1,470,000 Second...

Q:

4 The primary purpose of this assignment is to give you practice calculating variances. The 5 variances you need to calculate are described under the "REQUIRED" heading below. 6 The secondary purpose...

Q:

The members AD and BC are parallel while the 7kN external force is acting vertically downwards in Fig.1. By using the method of joints or otherwise, calculate the forces in members BC and DC...

Q:

Determine if the overhead allocated to the product relates to a single plantwide overhead rate method, multiple production department factory overhead rate method, or activity-based costing...

Q:

2. A researcher studied the relation between psychotherapists degree of empathy and their patients satisfaction with therapy. As a pilot study, four patienttherapist pairs were studied. Here are the...

Q:

22. ADVANCED TOPIC: About how many participants do you need in each cell for 80% power in each of the following planned studies, using the analysis of variance with p 6 .05? Predicted Effect Size...

Q:

3. An instructor asked five students how many hours they had studied for an exam. Here are the hours studied and the students grades: Hours Studied Test Grade 0 52 10 95 6 83 8 71 6 64 (a) Make a...