Question: please reply fast for a thumbs up INaive Period Absolute Error Percent error Squared error 1 2 3 Sales($millions) Forecast Error 14.2 18.8 16.9 11.7

please reply fast for a thumbs up

INaive Period Absolute Error Percent error Squared error 1 2 3 Sales($millions) Forecast Error 14.2 18.8 16.9 11.7 4 Using the Naive forecast, what will be the MAD (Mean Absolute Deviation) in the table above? (Round your answer to 2 decimal places) Your Answer: Answer Question 2 (1 point) The error in the forecast for Period 5 when Three period moving average forecast method is used:(Please round to 2 decimals for your answer which looks like 0.52) Absolute Absolute Percent Squared Error Error Error 3-Period MA X(Period) Y(Sales) Forecast Error 3 2 5.3 3 11.2 14 6.9 15 15 6 12 7

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!

Question 5 (1 point) Period Absolute Error Percent error Squared error Sales Smillions) Forecast Error 1 13.4 2 18.8 3 13.8 4 11.1 Using the Naive forecast, what will be the MAD (Mean Absolute...

please reply fast for a thumbs up What will be the Bias for the table below? (Round your answer to 2 decimal places) 1 Period Sales(Smillions) Forecast Error Absolute Error Squared Error Abs Percent...

please reply fast for a thumbs up At what quantity is selling either of the products equally profitable (point of indifference i.e. crossover point)? Price/Unit Variable Cost/unit Fixed Cost Product...

please reply fast for a thumbs up Question 12 (1 point) The Simple Exponential Smoothing (SES) forecast with an alpha of 25 for period is: (round to 2 decimal places) Absolute Absolute Percent...

please reply fast for a thumbs up Question 4 (1 point) The Absolute percent error for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places for your...

please reply fast for a thumbs up Answer Question 37 (1 point) The Forecast for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places) Absolute Absolute...

please reply fast for a thumbs up Question 5 (1 point) The error in the forecast for Period 5 when Three period moving average forecast method is used:(Please round to 2 decimals for your answer...

pleasw reply fast for a thumbs up Question 3 (1 point) Absolute Error Percent error Squared error Naive Period Sales($millions) Forecast Error 13.2 2 19.3 3 14.9 4 11.5 Using the Naive forecast, what...

please answer fast Question 1 (1 point) Listen The squared error for period 5 when two period moving average forecast method is used:(Please round to 2 decimals for your answer which looks like 0.52)...

I have questions on "Chapter 17 Time Series Analysis and Forecasting. The questions is in the attachment; that are problem number 29 and 30 (it is on last three pages, not the multiple choice...

Static budgets is important for a company that: 1. Does not face different possibilities of production 2. Face different possibilities of production 3. Achieve all stakeholders objectives 4. Achieve...

The gas law for an ideal gas at absolute temperature T (in kelvins), pressure P (in atmospheres), and volume V (in liters) is PV = nRT, where is the number of moles of the gas and R = 0.0821 is the...

6. A form contains six check boxes. Three of the check boxes are contained in a group box. How many of the check boxes on the form can be selected at the same time? a. one b. two c. three d. six

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...