14. Given the following data for demand at the XYZ Company, calculate the monthly forecastusing a 4-month moving average. Calculate the Forecast, Error, MAD (mean absolutepercentage error), Bias and the TS (tracking signal) .PeriodDemand ForecastErrorMADBiasTS2-Oct 20208502-Nov 20209502-Dec 20209002-Jan 202110002-Feb 20219502-Mar 202110502-Apr 20212-May 20218508002-June 20219002-July 20211000

The objective is to calculate the forecast error, absolute deviation, mean absolute deviation, bias…

Answered: 14. Given the following data for demand…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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