“DISTRIBUTION MANAGEMENT Use the following table to answer questions:
Period
Actual Demand
Forecast
Demand
Error
Absolute Value
1
800
.0/msohtmlclip1/01/clip_image001.png””>
1100
-300
.0/msohtmlclip1/01/clip_image003.png””>.0/msohtmlclip1/01/clip_image001.png””>
300
2
1200
1000
200
200
3
1400
1500
-100
100
27. What is the Mean Absolute Deviation (MAD)?
a. 200
b. 225
c. -66.67
d. 1200
The demand for each year for a product is shown in the table
below.
Year Demand Forecast
1= 452 =503= 524 =565= 58, 6 –?
28. Using the 3-month moving average
approach, compute the forecast for the year 6 (rounded to whole numbers) is:
.0/msohtmlclip1/01/clip_image005.png””>.0/msohtmlclip1/01/clip_image006.png””>.0/msohtmlclip1/01/clip_image008.png””>.0/msohtmlclip1/01/clip_image005.png””>.0/msohtmlclip1/01/clip_image001.png””>.0/msohtmlclip1/01/clip_image008.png””>.0/msohtmlclip1/01/clip_image010.png””>
a.
147
b.
49.
c.
166.
d.
55.
The demand for each year for a product is shown in the table
below.
Year Demand Forecast
1= 452= 503= 524= 565= 58, 6 —-?
29. Using the 3 month Weighted
Moving Average approach (the weights are 0.5, 0.3, and 0.2), the forecast for
the year 6 (rounded to whole numbers) is:
1.49
2.51.
3.56
4.None
of the above DISTRIBUTION MANAGEMENTUse the following table to answer questions:PeriodActual DemandForecast
DemandErrorAbsolute Value1800.0/msohtmlclip1/01/clip_image001.png””>1100-300.0/msohtmlclip1/01/clip_image003.png””>.0/msohtmlclip1/01/clip_image001.png””>300212001000200200314001500-10010027. What is the Mean Absolute Deviation (MAD)?a. 200b. 225c. -66.67
d. 1200The demand for each year for a product is shown in the table
below.Year Demand Forecast1= 452 =503= 524 =565= 58, 6 –?28. Using the 3-month moving average
approach, compute the forecast for the year 6 (rounded to whole numbers) is:.0/msohtmlclip1/01/clip_image005.png””>.0/msohtmlclip1/01/clip_image006.png””>.0/msohtmlclip1/01/clip_image008.png””>.0/msohtmlclip1/01/clip_image005.png””>.0/msohtmlclip1/01/clip_image001.png””>.0/msohtmlclip1/01/clip_image008.png””>.0/msohtmlclip1/01/clip_image010.png””>a.
147 b.
49. c.
166. d.
55.The demand for each year for a product is shown in the table
below.Year Demand Forecast1= 452= 503= 524= 565= 58, 6 —-?29. Using the 3 month Weighted
Moving Average approach (the weights are 0.5, 0.3, and 0.2), the forecast for
the year 6 (rounded to whole numbers) is:1.49
2.51.
3.56
4.None
of the above “



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