Given the following data for demand at the XYZ Company, calculate the monthly forecast for 2003 using a 3-month moving average. Calculate the Forecast, Error, MAD (mean absolute percentage error),...


Given the following data for demand at the XYZ Company, calculate the monthly forecast for 2003 using a 3-month moving average. Calculate the Forecast, Error, MAD (mean absolute percentage error), Bias and the TS (tracking signal) .




Period<br>Demand<br>Forecast<br>Error<br>MAD<br>Bias<br>TS<br>2-Oct 2012<br>800<br>2-Nov 2012<br>1000<br>2-Dec 2012<br>950<br>2-Jan 2013<br>1100<br>2-Feb 2013<br>930<br>2-Mar 2013<br>1020<br>2-Apr 2013<br>870<br>

Extracted text: Period Demand Forecast Error MAD Bias TS 2-Oct 2012 800 2-Nov 2012 1000 2-Dec 2012 950 2-Jan 2013 1100 2-Feb 2013 930 2-Mar 2013 1020 2-Apr 2013 870

Jun 03, 2022
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