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 how proper evaluations help develop an employee, How proper evaluat...

How proper evaluations help develop an employee to benifit a company in a postive way VS. No evaluations. This course requires a 1,600-word term paper (measured from abstract to ju

Describe system safety working group, You are preparing a Preliminary Hazar...

You are preparing a Preliminary Hazard List (PHA) for a new aircraft, as the System Safety Engineer. Describe 5 (five) credible hazards/mishaps you would include in this list for f

Explain what are the pros and cons of the control system, What kind of cont...

What kind of control systems are being used to measure the performance of hospitals and their different kinds of employees such as doctors and nurses? What are the pros and cons

How much must a company pay to keep a specially-skilled, How much should a ...

How much should a company pay to keep a specially-skilled worker? Why? How would you determine the amount to pay to keep such a worker? Explain (again, use textbook concepts) Wh

Describe is it important to stress quality in a logistic sys, Is it importa...

Is it important to stress quality in a logistic system?

Explain why is direct line so successful, Why is Direct Line so successful ...

Why is Direct Line so successful and how has operations supported the business growth? 2. How do (if at all) the products offered by Direct Line differ from its competitors? 3. Ana

Benefits of access of patient''s information through lan, This project allo...

This project allows doctor to access their patient's information easily through their local area network and through the internet. They can also update the status of each patient t

Explain employee for a top management position, Which would be the required...

Which would be the required qualifications to consider an employee for a top management position?

Explain programme evaluation and review technique, Explain Programme Evalua...

Explain Programme Evaluation and Review Technique. Programme Evaluation and Review Technique (PERT): It is a technique used for scheduling and controlling the projects whether

Generate a system approach to performance appraisal, Develop a system appro...

Develop a system approach to performance appraisal that combines a group of appraisers, various times for appraisal, and a variety of instruments. Identify when each element would

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