Question: I really need some help solving this one, please. I thumps up right away of correct! I hope that this one is more clear (:

I really need some help solving this one, please. I thumps up right away of correct!
I really need some help solving this one, please.
I really need some help solving this one, please.
I hope that this one is more clear (: I really need some help solving this one, please.
I really need some help solving this one, please.
in this problem, you are to test the validty of your torstasting modes Here are the torcisats for a model you have been waing and the actual demands that occured WEEK FORECAST NOTAL 910 720 30 NORO 30 30 5 What the method toad on the beat to compute the MAD and tracking gw for each week entive values should be indicated by a minun sign Hound your "Tracking Sigral" et decimal pour under her the nearest tur A Wuck For Ad Division RSF Ano Destion MAD 2050 6000 200 230 1. Decide whether the forecasting model you have been using masable results The forcing models to In this problem you are to be the validty of your forecasting model Hare are the forecasts for a model you have been using and the actual demands that occurred WEEK FORECAST ACTUAL 1 100 990 2 750 100 3 000 030 800 330 5 9:30 905 Use the method and the best to complet MAD and tracking on to aachwe (Negative valore should be indicated by minus in Pound your "Tracking Signal to 1 decimal place and all other answers to the nearest whole number) Sunset Abadute Davuto Abs Ovation SF MAD reka 1 100 2 TO 010 30 4 5 6 900 30 4.110 t. Die Water the forecasting model you have been using laging notes The forecasting coat The forecasting model is het Problem 11:31 UA Hamburger Hamlet (UAH) places a daily order for its high-volute items (hamburger paties, bus, mik, and so on UAH counts is current inventory on hand once per day and phones in its order for delivery 24 hours later Average day demand 68 Standard deviation of demand es Desred service probably 98 Hamburger inventory 750 Determine the number of hamburgers UA should order for the above condition: Use Evel's NORMSINVO function to find the correct antical value for the given a level. Do not round intermediate calculations. Round value to 2 decimal places and final answer to the nearest whole number) Narber of hoge In this problem, you are to test the validity of your forecasting model. Here are the forecasts for a model you have been using and the actual demands that occurred WEEK FORECAST ACTUAL 890 910 2 780 930 3 680 980 4 880 830 5 9.30 830 905 1,110 1. Use the method stated in the text to compute the MAD and tracking signal for each week. (Negative values should be indicated by a minus sign. Round your "Tracking Signal to 1 decimal place and all other answers to the nearest whole number.) Absolute Deviation Sum of Absolute Devon MAD 910 950 Week Forecast 1 090 2 780 3 300 4 380 5 930 0 905 90 630 1.110 b. Decide whether the forecasting model you have been using laging reasonable results The forecasting model is acceptable The forecasting model is comptable

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 General Management Questions!