Use excel to make the calculations One product has a holding cost of $250 per year. This product can be shipped in either 3 or 8 day shipping, with the faster shipping costing $2 more per product. Using the slower method would be how much more expensive per product than the faster method?Auto sales over a 4-month period were forecasted as follows: 89, 98, 105, and 97. The actual results over the 4-month period were as follows: 92, 96, 101, and 100. What was the MAD of the 4-month forecast?The errors in a particular forecast are as follows: 3, -3, 4, 0, -2. What is the tracking signal for each period of the forecast?

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Answered: One product has a holding cost of $250…

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Use excel to make the calculations

One product has a holding cost of $250 per year. This product can be shipped in either 3 or 8 day shipping, with the faster shipping costing $2 more per product. Using the slower method would be how much more expensive per product than the faster method?
Auto sales over a 4-month period were forecasted as follows: 89, 98, 105, and 97. The actual results over the 4-month period were as follows: 92, 96, 101, and 100. What was the MAD of the 4-month forecast?
The errors in a particular forecast are as follows: 3, -3, 4, 0, -2. What is the tracking signal for each period of the forecast?

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