Information for Problems 4-7. The Heartland Produce supply business and the abil
ID: 3174827 • Letter: I
Question
Information for Problems 4-7. The Heartland Produce supply business and the ability to deliver and number of orders that during the next month Actual no of orders Forecast 1 January March May of What is the orders in May? O 8688 orders O 98.76 orders O 93.92 orders O 104.64 orders Question 5 Calculate the MAD using only February to April data? O MAD 21.73 O MAD 23.60 O MAD 25.60 O MAD 18.40 Question 6 Calculate the MAPD using only February to April data? 4) zip they have adequate inventory Hnuary April are given below. Use the Exponential smoothing method with 03 to orodure 5 points save ArsExplanation / Answer
from above
4) forecast for may=98.76
5) MAD =23.6
6) MAPD =26.72%
7)Bias =-23.6
month Actual Forecast |A-F| |A-F|/A A_F jan 120 120 feb 100 120 20 0.2 -20 March 90 114 24 0.266667 -24 april 80 106.8 26.8 0.335 -26.8 May 98.76 total 70.8 0.801667 -70.8 mean 23.6 0.267222 -23.6 MAD MAPD Bias