Compute the mad and mse, Operation Management

Assignment Help:

The last 4 weekly values of sales were 80,100,105 and 90 units. The last 4 forecast (for the same 4 weeks) were 60, 80, 95 and 75 units.
Calculate the MAD, MSE and MAPE for these 4 weeks

Sales - 80, 100, 105, 90

Forecast - 60, 80, 95 75

Error - 20, 20, 10, 15

Error Squared - 400, 400, 100, 225

PCT Error - . 25, .20, .095, .167


Related Discussions:- Compute the mad and mse

Explain ford and google companies similar and different, But from the outsi...

But from the outside, it's getting harder every day to articulate what Google is. Is it a Web company? A software company? Something else entirely? How are the situations for Fo

Explain offensive strategies for blockbuster, Will new competition for Redo...

Will new competition for Redox and digital content providers force blockbuster to alter its strategy? If yes, what are the offensive strategies for blockbuster? If not, what are th

Define the supply management''s heightened concern, Discuss the supply mana...

Discuss the supply management's heightened concern for future acquisition needs - for example, capital equipment acquisition, supplies contract, standard commodity, etc.

How much dollars of pipeline inventory will be in transit, Prince Electroni...

Prince Electronics, a manufacturer of consumer electronic goods, has five distribution centres in different regions of the country. For one of its products, a high-speed modem pric

Explain what organizations currently utilize six sigma, What is Six Sigma? ...

What is Six Sigma? Who started it? What organizations currently utilize Six Sigma

Thus if a budget is prepared it can only be a crude estimate, Frequently, a...

Frequently, at the time the project charter is prepared there is only a very general understanding of the project, so if a budget is prepared it can only be a crude estimate.

Discuss about the holding inventory control systems, Discuss about the Hold...

Discuss about the Holding Inventory Control Systems. Holding Inventory Control Systems: Holding great levels of inventory enables an organisation to be extra flexible to

Which leaders are agents of change, _____ leaders are agents of change beca...

_____ leaders are agents of change because they develop an appealing vision of the desired future state, communicate that vision in ways that are meaningful to others, make decisio

Explain what output rate will be achieved, An assembly line with 30 activit...

An assembly line with 30 activities is to be balanced. The total amount of time to complete all 30 activities is 42 minutes. The longest activity takes 2.4 minutes and the shortest

20110907, I have already ordered and you all gave me a false link to the re...

I have already ordered and you all gave me a false link to the reference number above. I want my results now. And I want a refund for being late.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd