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

Determine the wbs shown below, Consider the WBS shown below: 1.00.00 1.1...

Consider the WBS shown below: 1.00.00 1.1.0 1.1.1 1.1.2 1.2.0 1.2.1 1.2.2 If the total program costs $100,000 and 1.2.1 and 1.2.2 are each $20 K, then the cost of 1.1.0 is:

Gravity center of method, hello , we need to news of practical example of c...

hello , we need to news of practical example of company''s gravity of method

Siting departments for process layout - service operations, Siting Departme...

Siting Departments for Process Layout - Service Operations In determining the relative position of service departments the costs of movement may be less important than other,

Explain appraising and compensating subordinates, Do you believe that manag...

Do you believe that managers should be given more autonomy to make personnel decisions such as hiring, appraising, and compensating subordinates, or do you believe that managers sh

Explain following is an inequality or equation that expresse, Which of the ...

Which of the following is an inequality or equation that expresses a restriction in a mathematical model? Decision variable Parameter Objective function Constraint N

Find the net present value, The company is considering a capital expenditur...

The company is considering a capital expenditure of $480,000. It has an estimated life of 4 years and no salvage value. The estimated net income and new cash flow from the project

Explain improving productivity, Explain Improving Productivity. Improv...

Explain Improving Productivity. Improving Productivity: The production essence is creation of goods, may be by the transformation of raw materials or through assembling vario

Facility layout, critic facility layout of an organisation

critic facility layout of an organisation

What is queuing theory in operation management, What is queuing theory in o...

What is queuing theory in operation management? Queuing theory is usually seems a branch of operations management since the results can be used to plan for resources require

Labour intensity - operations function, Labour Intensity - Operations Funct...

Labour Intensity - Operations Function Labour intensity is defined as the ratio of the labour cost incurred to the value of the plant and equipment employed. It is important t

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