How do you calculate RSFE and Sum of Abs. Deviation ?? Month Actual Demand Forecasted Demand Deviation
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How do you calculate RSFE and Sum of Abs. Deviation ??
Month | Actual Demand | Forecasted Demand | Deviation | RSFE | Absolute Deviation | Sum of Abs. Deviation | MAD | TS |
1 | 950 | 1,000 | -50 | -50 | 50 | 50 | 50 | -1 |
2 | 1,070 | 1,000 | +70 | +20 | 70 | 120 | 60 | .33 |
3 | 1,100 | 1,000 | +100 | +120 | 100 | 220 | 73.33 | 1.64 |
4 | 960 | 1,000 | -40 | +80 | 40 | 260 | 65 | 1.2 |
5 | 1,090 | 1,000 | +90 | +170 | 90 | 350 | 70 | 2.4 |
6 | 1,050 | 1,000 | +50 | +220 | 50 | 400 | 66.67 | 3.3 |
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