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  • BUS 359.Q2.2021.22 Homework1 TranHuuDuc

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    Trần Hữu Đức
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    This document contains a table with 11 rows showing actual weekly demand, 3 week and 6 week moving average forecasts of demand, and the forecast errors for each. It also contains the mean forecast error and mean absolute deviation for each forecasting method. A second table shows exponential smoothing forecasts using parameters of alpha=0.6, beta=0.5, gamma=0.3 and the corresponding forecast errors.

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    This document contains a table with 11 rows showing actual weekly demand, 3 week and 6 week moving average forecasts of demand, and the forecast errors for each. It also contains the mean forecast error and mean absolute deviation for each forecasting method. A second table shows exponential smoothing forecasts using parameters of alpha=0.6, beta=0.5, gamma=0.3 and the corresponding forecast errors.

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    3 views3 pages

    BUS 359.Q2.2021.22 Homework1 TranHuuDuc

    Uploaded by

    Trần Hữu Đức
    This document contains a table with 11 rows showing actual weekly demand, 3 week and 6 week moving average forecasts of demand, and the forecast errors for each. It also contains the mean forecast error and mean absolute deviation for each forecasting method. A second table shows exponential smoothing forecasts using parameters of alpha=0.6, beta=0.5, gamma=0.3 and the corresponding forecast errors.

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    © All Rights Reserved
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    of 3

    Name Tran Huu Duc

    IRN 1632309012

    Round the result to one decimal place


    Forecast |Forecast Forecast |Forecast
    Week Demand 3 week MA 6 Week MA
    Error Error| Error Error|
    1 782
    2 608
    3 572
    4 562 654.0 - 92.0 92.0
    5 585 580.7 4.3 4.3
    6 675 573.0 102.0 102.0
    7 735 607.3 127.7 127.7 630.7 104.3 104.3
    8 900 665.0 235.0 235.0 622.8 277.2 277.2
    9 630 770.0 - 140.0 140.0 671.5 - 41.5 41.5
    10 675 755.0 - 80.0 80.0 681.2 - 6.2 6.2
    11 735.0 - 735.0 735.0 700.0 - 700.0 700.0
    TOTAL - 578.0 1,516.0 - 366.2 1,129.2

    MFE -72.3 MFE -73.2


    MAD 189.5 MAD 225.8
    3 period Alpha = 0.6
    0.5/0.3/0.2 F2 = D1
    Forecast |Forecast Forecast |Forecast
    WMA ES
    Error Error| Error Error|

    782.0 174.0 174.0 alpha


    677.6 105.6 105.6
    624.8 62.8 62.8 614.2 52.2 52.2 t
    574.2 - 10.8 10.8 582.9 - 2.1 2.1 t-1
    575.5 - 99.5 99.5 584.2 - 90.8 90.8 t-2
    625.4 - 109.6 109.6 638.7 - 96.3 96.3
    687.0 - 213.0 213.0 696.5 - 203.5 203.5
    805.5 175.5 175.5 818.6 188.6 188.6
    732.0 57.0 57.0 705.4 30.4 30.4
    706.5 706.5 706.5 687.2 687.2 687.2
    568.9 1,434.7 845.2 1,630.9

    MFE 71.1 MFE 84.5


    MAD 179.3 MAD 163.1
    0.6

    0.5
    0.3
    0.2

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