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Four Months

Kevin McShane Homework Problem 5-12 Develop a four month moving average forecast for Wallace Garden Supply And compute the MAD. Data found in Table 5.3 . Four Months. QM Calculated MAD along with other calculations. The formula is Sum of forecast errors / n . Measure Value

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Four Months

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  1. Kevin McShane Homework Problem 5-12 Develop a four month moving average forecast for Wallace Garden Supply And compute the MAD. Data found in Table 5.3 Four Months

  2. QM Calculated MAD along with other calculations. The formula is Sum of forecast errors/n Measure Value Error Measures Bias (Mean Error) 1.5125 MAD (Mean Absolute Deviation) 9.0625 MSE (Mean Squared Error) 86.1388 Standard Error (denom=n-2=6) 10.7169 Forecast next period 21.2

  3. Excel Developed a Graph

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