Question: The MAD for Method 1=______thousands gallons (round your response to three decimal places) The mean squared error (MSE) for Method 1=______thousands gallons^2(round your response to

The MAD for Method 1=______thousands gallons
The MAD for Method 1=______thousands gallons (round your response to three decimal places)
The mean squared error (MSE) for Method 1=______thousands gallons^2(round your response to three decimal places)
The MAD for method 2=____thousands gallons (round your response to three decimal places)
The mean squared error (MSE) for Method 2=____thousands gallons^2 (round your response to three decimal places)
The MAD for Method 1=______thousands gallons
The MAD for Method 1=______thousands gallons (round your response to three decimal places)
The mean squared error (MSE) for Method 1=______thousands gallons^2(round your response to three decimal places)
The MAD for method 2=____thousands gallons (round your response to three decimal places)
The mean squared error (MSE) for Method 2=____thousands gallons^2 (round your response to three decimal places)
The MAD for Method 1=______thousands gallons
The MAD for Method 1=______thousands gallons
Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons: Week 1 2 3 4 Forecast Method 1 0.90 1.02 0.97 1.20 Actual Demand 0.72 1.05 1.07 0.97 Week 1 2 3 Forecast Method 2 0.82 1.19 0.88 1.15 Actual Demand 0.72 1.05 1.07 0.97 The MAD for Method 1 = thousand gallons (round your response to three decimal places). Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual demand levels, in thousands of gallons Week 1 2 3 4 Forecast Method 1 0.90 1.05 0.95 1.20 Actual Demand 0.70 1.00 1.00 1.00 Week 1 2 3 4 Forecast Method 2 0.80 1.20 0.90 1.11 Actual Demand 0.70 1.00 1.00 1.00 The MAD for Method 1 = thousand gallons (round your response to three decimal places). The following table gives the map coordinates and the shipping loads for a set of cities that we wish to connect through a central hub. City Map Coordinates (x,y) Shipping Load A (6,11) (5,9) (3.7) (8,5) (7,9) F (4.2) 11 G (1.6) a) For the location of the proposed new central hub, the coordinates should be near: x=(round your response to two decimal places). B D E 5 10 15 5 16 6 y = (round your response to two decimal places). b) If the shipments from city A triple, for the location of the proposed new central hub, the coordinates should be near x=(round your response to two decimal places). (round your response to two decimal places)

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!