A manager uses the linear trend line Y = 20 +4 t for the last 10 months. Compute for MAPE ifactual demand are as follows.Period123456789сл10O 4.87%O Correct answer is not providedO 6.67%O 5%O 3.88%Actual Demand30323540364550525662

Given : Y = 20+4t where t stands for the respective periods.

Answered: A manager uses the linear trend line Y…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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A manager uses the linear trend line Y = 20 +4 t for the last 10 months. Compute for MAPE if actual demand are as follows. Period 1 2 3 4 5 6 7 8 9 сл 10 O 4.87% O Correct answer is not provided O 6.67% 5% Actual Demand 30 32 35 40 36 45 50 52 56 62