Question: Month Actual Demand Forecasted Demand Deviation RSFE Absolute Deviation Sum of Abs. Deviation MAD TS 1 950 1,000 - 50 - 50 50 50 50

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

How do you calculate RSFE and Sum of Abs. Deviation ??

I also want to calculate MAD and TS based on this information given in the table if TS= RSFE/MAD , which MAD do i choose?

i do not understand calculating the RSFE, Sum of abs dev. , and TS columns in the chart

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