Homework Answers
Answer: 0.62
Forecast for Period 4 (F4) = (4.5 + 6.5 + 3.8)/3 = 4.9333
Actual Sales (A4) = 13
Absolute Percentage Error = |A4 - F4|/ A4 = |13 - 4.9333|/13 = 8.0667/13 = 0.62 (Probability Format ) = 62%
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Question 4 (1 point) The Absolute percent error for...
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Question 3 (1 point) Absolute Error Percent error Squared error Naive Period Sales($millions) Forecast Error 13.2 2 19.3 3 14.9 4 11.5 Using the Naive forecast, what will be the MAD (Mean Absolute Deviation) in the table above? (Round your answer to 2 decimal places) Your Answer: Answer Question 4 (1 point) The Absolute percent error for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places...
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Question 5 (1 point) The error in the forecast for Period 5 when Three period moving average forecast method is used:(Please round to 2 decimals for your answer which looks like 0.52) Absolute Absolute Percent Squared Error Error Error 1 3-Period MA X(Period) Y(Sales) Forecast Error 3 2 4.0 3 10.0 4 5.4 5 17 6 12 7 Your Answer: Answer
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Question 27 (1 point) What will be the MAPE (Mean Absolute Percent Error) of the table below? (Round your answer to 2 decimal places, keep in decimal format) 1 Three period moving average Period Sales(Smillions) Forecast Error Absolute Error Squared Error Abs Percent error 7 2 5 3 9 4 11 7.00 5 12.8 8.33 Your Answer: Answer Question 28 (1 point) A company makes wireless routers. Their profit from each sale is...
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Answer Question 37 (1 point) The Forecast for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places) Absolute Absolute Percent Squared Error Error Error 1 3-Period MA X(Period) Y(Sales) Forecast Error 3.4 2 4.8 3 10.6 4 10 5 15 6 12 7 Your Answer: Answer Question 34 (1 point) Based on the below data what will be the value of standard error of the regression...
please reply fast for a thumbs up ?? What will be the Bias for the table...
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What will be the Bias for the table below? (Round your answer to 2 decimal places) 1 Period Sales(Smillions) Forecast Error Absolute Error Squared Error Abs Percent error 7 2 5 3 9 15.00 4 11 7.00 5 6.3 8.33 Your Answer: Answer Question 11 (1 point) Using Four period Moving average, what is the MSE(Mean Squared Error) based on the table below?(Round your answer to 2 decimal places) Four period moving...
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Question 12 (1 point) The Simple Exponential Smoothing (SES) forecast with an alpha of 25 for period is: (round to 2 decimal places) Absolute Absolute Percent Squared Error Error Error 1 Naive X(Period) Y(Sales) Forecast Error 16 2 10 3 22 4 10 5 15 6 12 7 Your Answer: Answer Question 13 (1 point) In the table below, what is the contribution margin per unit for product 1? Product 1 Price/Unit...
Answer Question 6 (1 point) The Absolute percent error for period 4 when Three period moving...
Answer Question 6 (1 point) The Absolute percent error for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places for your answer and keep in decimal format) 3-Period MA X(Period) y Sales) Forecast Error 1 8.0 2 7.0 3 2.8 4 13 5 15 6 12 Absolute Absolute Percent Squared Error Error Error + Your Answer: Answer rc Question 13 (1 point) Consider the following payoff table: DA: Decision Alternative. State of Nature...
3 Question 20 (1 point) The Absolute percent error for period 4 when Three period moving...
3 Question 20 (1 point) The Absolute percent error for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places for your answer and keep in probability format). Absolute Absolute Percent Error Error Squared Error 3-Period MA X(Period Y/Sales) Forecast Error 1 5.4 2 8.0 3 3.7 4 13 5 15 6 12 7 Your Answer: Answer Question 21 (1 point) A company makes coffee makers. Their profit from each sale is $79.0. Every...
please reply fast for a thumbs up At what quantity is selling either of the products...
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At what quantity is selling either of the products equally profitable (point of indifference i.e. crossover point)? Price/Unit Variable Cost/unit Fixed Cost Product 1 Product 2 68 18 39,000 50 29 20,750 (Answer rounded to 0 decimal points, use standard rounding procedure) Your Answer: Answer Question 12 (1 point) The Simple Exponential Smoothing (SES) forecast with an alpha of.25 for period 4 is: (round to 2 decimal places) Absolute Absolute Percent Squared Error...
Question 30 (1 point) What will be the MAPE (Mean Absolute Percent Error) of the table...
Question 30 (1 point) What will be the MAPE (Mean Absolute Percent Error) of the table below? (Round your answer to 2 decimal places, keep in decimal format) Three period moving average Period Sales($millions) Forecast Error Absolute Error Squared Error Abs Percent error 1 7 2 5 3 9 4 11 7.00 8.33 5 13.5 Your Answer: Answer uestion 31 (1 point) Saved
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Question 3 (1 point) Absolute Error Percent error Squared error Naive Period Sales($millions) Forecast Error 13.2 2 19.3 3 14.9 4 11.5 Using the Naive forecast, what will be the MAD (Mean Absolute Deviation) in the table above? (Round your answer to 2 decimal places) Your Answer: Answer Question 4 (1 point) The Absolute percent error for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places...
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Question 5 (1 point) The error in the forecast for Period 5 when Three period moving average forecast method is used:(Please round to 2 decimals for your answer which looks like 0.52) Absolute Absolute Percent Squared Error Error Error 1 3-Period MA X(Period) Y(Sales) Forecast Error 3 2 4.0 3 10.0 4 5.4 5 17 6 12 7 Your Answer: Answer
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Question 27 (1 point) What will be the MAPE (Mean Absolute Percent Error) of the table below? (Round your answer to 2 decimal places, keep in decimal format) 1 Three period moving average Period Sales(Smillions) Forecast Error Absolute Error Squared Error Abs Percent error 7 2 5 3 9 4 11 7.00 5 12.8 8.33 Your Answer: Answer Question 28 (1 point) A company makes wireless routers. Their profit from each sale is...
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Answer Question 37 (1 point) The Forecast for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places) Absolute Absolute Percent Squared Error Error Error 1 3-Period MA X(Period) Y(Sales) Forecast Error 3.4 2 4.8 3 10.6 4 10 5 15 6 12 7 Your Answer: Answer Question 34 (1 point) Based on the below data what will be the value of standard error of the regression...
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What will be the Bias for the table below? (Round your answer to 2 decimal places) 1 Period Sales(Smillions) Forecast Error Absolute Error Squared Error Abs Percent error 7 2 5 3 9 15.00 4 11 7.00 5 6.3 8.33 Your Answer: Answer Question 11 (1 point) Using Four period Moving average, what is the MSE(Mean Squared Error) based on the table below?(Round your answer to 2 decimal places) Four period moving...
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Question 12 (1 point) The Simple Exponential Smoothing (SES) forecast with an alpha of 25 for period is: (round to 2 decimal places) Absolute Absolute Percent Squared Error Error Error 1 Naive X(Period) Y(Sales) Forecast Error 16 2 10 3 22 4 10 5 15 6 12 7 Your Answer: Answer Question 13 (1 point) In the table below, what is the contribution margin per unit for product 1? Product 1 Price/Unit...
Answer Question 6 (1 point) The Absolute percent error for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places for your answer and keep in decimal format) 3-Period MA X(Period) y Sales) Forecast Error 1 8.0 2 7.0 3 2.8 4 13 5 15 6 12 Absolute Absolute Percent Squared Error Error Error + Your Answer: Answer rc Question 13 (1 point) Consider the following payoff table: DA: Decision Alternative. State of Nature...
3 Question 20 (1 point) The Absolute percent error for period 4 when Three period moving average forecast method is used:(Please round to 2 decimal places for your answer and keep in probability format). Absolute Absolute Percent Error Error Squared Error 3-Period MA X(Period Y/Sales) Forecast Error 1 5.4 2 8.0 3 3.7 4 13 5 15 6 12 7 Your Answer: Answer Question 21 (1 point) A company makes coffee makers. Their profit from each sale is $79.0. Every...
please reply fast for a thumbs up
At what quantity is selling either of the products equally profitable (point of indifference i.e. crossover point)? Price/Unit Variable Cost/unit Fixed Cost Product 1 Product 2 68 18 39,000 50 29 20,750 (Answer rounded to 0 decimal points, use standard rounding procedure) Your Answer: Answer Question 12 (1 point) The Simple Exponential Smoothing (SES) forecast with an alpha of.25 for period 4 is: (round to 2 decimal places) Absolute Absolute Percent Squared Error...
Question 30 (1 point) What will be the MAPE (Mean Absolute Percent Error) of the table below? (Round your answer to 2 decimal places, keep in decimal format) Three period moving average Period Sales($millions) Forecast Error Absolute Error Squared Error Abs Percent error 1 7 2 5 3 9 4 11 7.00 8.33 5 13.5 Your Answer: Answer uestion 31 (1 point) Saved
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