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…

14. Given the following data for demand at the XYZ Company, calculate the monthly forecast using a 4-month moving average. Calculate the Forecast, Error, MAD (mean absolute percentage error), Bias and the TS (tracking signal) . 中 Period Demand | Forecast Error MAD Bias TS 2-OCct 2020 850 2-Nov 2020 950 2-Dec 2020 900 2-Jan 2021 1000 2-Feb 2021 950 2-Mar 2021 1050 2-Apr 2021 850 2-May 2021 800 2-June 2021 900 2-July 2021 1000

14. Given the following data for demand at the XYZ Company, calculate the monthly forecast using a 4-month moving average. Calculate the Forecast, Error, MAD (mean absolute percentage error), Bias and the TS (tracking signal) . 中 Period Demand | Forecast Error MAD Bias TS 2-OCct 2020 850 2-Nov 2020 950 2-Dec 2020 900 2-Jan 2021 1000 2-Feb 2021 950 2-Mar 2021 1050 2-Apr 2021 850 2-May 2021 800 2-June 2021 900 2-July 2021 1000

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.6: Rational Functions

Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.

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