Find the MAD and Tracking signal in below table. Do you think this forecast is acceptable? Why? How many units this company shall keep as the safety stocks if service level is 90%? Period Actual Demand Forecast 220 200 2 300 310 3 400 340 4. 340 350 280 300 6. 250 270
Find the MAD and Tracking signal in below table. Do you think this forecast is acceptable? Why? How many units this company shall keep as the safety stocks if service level is 90%? Period Actual Demand Forecast 220 200 2 300 310 3 400 340 4. 340 350 280 300 6. 250 270
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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