Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 13, 2020

An Aluminum extruder forecasted the demand for a shower stall extrusion to be 50 per week for each of three weeks. The actual demand turned

An Aluminum extruder forecasted the demand for a shower stall extrusion to be 50 per week for each of three weeks. The actual demand turned out to be 40, 52 and 58. Calculate MAD, MSE and MAPE.

Step by Step Solution

★★★★★

3.46 Rating (153 Votes )

There are 3 Steps involved in it

Step: 1

405258 mean405258350 DEVIATION from MEAN 405010 52502 58508 Total 102820 MA... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managing Supply Chain and Operations An Integrative Approach

Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb

1st edition

132832402, 978-0132832403

More Books

Students also viewed these Organizational Behavior questions

Question

★★★★★

The demand for a consumer product is fairly constant from week to week. The previous nine weeks of demand is shown below. Use the information to produce a single exponential smoothing forecast for...

Answered: 1 week ago

Question

★★★★★

The demand for a consumer product is fairly constant from week to week. The previous nine weeks of demand is shown below. Periodat 1..455 2..410 3..340 4..338 5..433 6..356 7..371 8..363 9..440

Answered: 1 week ago

Question

★★★★★

The demand for a consumer product is fairly constant from week to week. The previous nine weeks of demand is shown below (a t is the actual periods demand). Use the information to produce a weighted...

Answered: 1 week ago

Question

★★★★★

Use the DerivaGem software to value a five-year collar that guarantees that the maximum and minimum interest rates on a LIBOR-based loan (with quarterly resets) are 7% and 5% respectively. The LIBOR...

Answered: 1 week ago

Question

★★★★★

Determinant of A" The notation A" denotes (a) If |An | = 0 for some integer n, then A must be noninvertible. Show why this result is true. (b) If |An | ( 0 for some integer n, then A must be...

Answered: 1 week ago

Question

★★★★★

68. If ABA = kA for k 0, show that (1/k)B is a c-inverse of A.

Answered: 1 week ago

Question

★★★★★

Formal agreements: What evidence is there that the evaluation was based on negotiated and renegotiated formal agreements, taking into account the contexts, needs, and expectations of clients and...

Answered: 1 week ago

Question

★★★★★

Suppose that East-West airlines is a small airline that offers passanger air transportation between two major east coast cities, namely Boston and New York; two major west coast cities , namely San...

Answered: 1 week ago

Question

★★★★★

11. The beta of Golf and Eastern Corp. is 1.35 . The risk-free rate is 2 percent and the market risk premium is 8 percent. Calculate the expected return for G\&E

Answered: 1 week ago

Question

★★★★★

Joe Clark has his own Desktop Publishing business. In may you as the bookkeeper prepared a Trial Balance and then reviewed the accounts. The following items became apparent upon review of the...

Answered: 1 week ago

Question

★★★★★

Which of the following limits is equal to f (x) (i.e. derivative of f), where f(x) = Vx- +1 -2x Vh2 + 1 - 1 - 2h lim h-0 h O V (x + h)2+ 1-2h lim h-0 h O lim V(x + h)2 + 1 - Vx2 + 1 -2h h-0 h O V (x...

Answered: 1 week ago

Question

★★★★★

First Month of Operations The following transactions took place during the first month of operations of Mother Mollys Childcare. On May 1, Molly invests $50,000 to open Mother Mollys Childcare. On...

Answered: 1 week ago

Question

★★★★★

10. DJIA (LO4, CFA2) On May 31, 2022, the DJIA opened at 33,160.59. The divisor at that time was .15173. Suppose on this day the prices for 29 of the stocks remained unchanged and I stock increased...

Answered: 1 week ago

Question

★★★★★

Burdeno Appliances has two divisions, Sales and Financing. Sales is responsible for selling Burdenos inventory and maintaining inventory for future sale. Financing Division takes loan applications,...

Answered: 1 week ago

Question

★★★★★

Jason went to the post office and bought both 41-cent stamps and 26-cent postcards and spent $10.28. The number of stamps was 4 more than twice the number of postcards. How many of each did he buy?

Answered: 1 week ago

Question

★★★★★

Albany Division is considering the acquisition of a new asset that will cost $540,000 and have a cash flow of $184,000 per year for each of the four years of its life. Depreciation is computed on a...

Answered: 1 week ago

Question

★★★★★

Cost of Production and Journal Entries AccuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, then poured into molds to produce...

Answered: 1 week ago

Question

★★★★★

a) Calculate the goodwill that was paid by Major Ltd on the acquisition of Minor Ltd. [10 marks] b) Prepare the consolidated statement of financial position for Major Ltd at 31 July 20X8. [30 marks]...

Answered: 1 week ago

Question

★★★★★

Suppose that there are three product attributes: A, B, and C. The costs of inspection are $10, $5, and $8, respectively. It is believed that the failure cost for A is $100, the failure cost for B is...

Answered: 1 week ago

Question

★★★★★

What role do functional strategies have in strategy execution?

Answered: 1 week ago

Question

★★★★★

A chocolate company makes candy bars to be used by elementary schools for fund-raising. One of the important quality characteristics is the weight of the bar. To monitor the weights, the production...

Answered: 1 week ago

Question

★★★★★

Explain how researchers use the correlational technique to study relationships between two or more variables.

Answered: 1 week ago

Question

★★★★★

Compare and contrast some of the methods used to describe behavior.

Answered: 1 week ago

Question

★★★★★

Recall the five steps of the scientific approach.

Answered: 1 week ago

Previous Question Next Question