a) Calculation of ES forecast and Error analysis (MAD, MAPE, TS) is done in the following spreadsheet
ES, alpha = 0.2
EXCEL FORMULAS:
Cell | Formula | Copy to |
I7 | =AVERAGE(B4:B6) | I7:N7 |
I8 | =I7+(B7-I7)*0.2 | I8:N19 |
P7 | =ABS(B7-I7) | P7:U19 |
W7 | =P7/B7*100 | W7:AB19 |
AD7 | =B7-I7 | AD7:AI19 |
P24 | =AVERAGE(P7:P19) | P24:U24, W24:AB24 |
AD24 | =SUM(AD7:AD19) | AD24:AI24 |
AD29 | =AD24/P24 | AD29:AI29 |
-----------------------------
ES, alpha = 0.4
EXCEL FORMULAS:
Cell | Formula | Copy to |
I7 | =AVERAGE(B2:B6) | I7:N7 |
I8 | =I7+(B7-I7)*0.4 | I8:N19 |
P7 | =ABS(B7-I7) | P7:U19 |
W7 | =P7/B7*100 | W7:AB19 |
AD7 | =B7-I7 | AD7:AI19 |
P24 | =AVERAGE(P7:P19) | P24:U24, W24:AB24 |
AD24 | =SUM(AD7:AD19) | AD24:AI24 |
AD29 | =AD24/P24 | AD29:AI29 |
---------------------------
---------------------------
Tables for (a) are following:
ES, α = 0.2 | ||||||
Week | ATL | BOS | CHI | DAL | LA | TOTAL |
1 | 40.00 | 41.67 | 53.00 | 49.33 | 44.33 | 228.33 |
2 | 38.00 | 39.33 | 51.40 | 45.07 | 42.27 | 216.07 |
3 | 39.40 | 38.27 | 47.72 | 44.45 | 42.21 | 212.05 |
4 | 38.52 | 38.61 | 42.78 | 42.36 | 43.77 | 206.04 |
5 | 36.82 | 39.09 | 44.82 | 41.89 | 43.82 | 206.43 |
6 | 40.25 | 40.27 | 45.06 | 43.51 | 44.65 | 213.75 |
7 | 37.80 | 41.82 | 50.45 | 47.21 | 50.12 | 227.40 |
8 | 34.24 | 44.25 | 53.16 | 51.37 | 48.10 | 231.12 |
9 | 38.99 | 39.40 | 47.92 | 53.89 | 45.28 | 225.49 |
10 | 40.39 | 43.52 | 43.34 | 53.52 | 45.02 | 225.80 |
11 | 39.52 | 44.02 | 53.87 | 50.81 | 43.62 | 231.84 |
12 | 36.41 | 41.21 | 49.90 | 48.25 | 44.49 | 220.27 |
13 | 40.33 | 42.17 | 48.92 | 47.60 | 46.60 | 225.62 |
---
ES, α = 0.4 | ||||||
Week | ATL | BOS | CHI | DAL | LA | TOTAL |
1 | 40.00 | 41.67 | 53.00 | 49.33 | 44.33 | 228.33 |
2 | 36.00 | 37.00 | 49.80 | 40.80 | 40.20 | 203.80 |
3 | 39.60 | 35.80 | 43.08 | 41.28 | 40.92 | 200.68 |
4 | 37.76 | 37.48 | 35.05 | 38.37 | 44.55 | 193.21 |
5 | 34.66 | 38.89 | 42.23 | 39.02 | 44.33 | 199.12 |
6 | 42.39 | 41.33 | 43.74 | 43.41 | 45.80 | 216.67 |
7 | 36.64 | 44.00 | 55.04 | 50.85 | 56.28 | 242.80 |
8 | 29.98 | 48.00 | 58.63 | 57.71 | 49.77 | 244.08 |
9 | 41.19 | 36.80 | 45.98 | 60.23 | 43.46 | 227.65 |
10 | 43.11 | 46.08 | 37.59 | 56.94 | 43.68 | 227.39 |
11 | 40.27 | 46.05 | 60.95 | 50.16 | 41.41 | 238.83 |
12 | 33.76 | 39.63 | 50.17 | 45.30 | 44.04 | 212.90 |
13 | 42.66 | 42.18 | 48.10 | 45.18 | 48.43 | 226.54 |
b) Summary of Error analysis is following:
ATL | BOS | CHI | DAL | LA | Avg of DCs | ||
ES, α = 0.2 | MAD | 11.39 | 9.45 | 17.80 | 10.33 | 7.61 | 11.32 |
MAPE | 32.62 | 27.20 | 44.49 | 23.71 | 16.39 | 28.88 | |
TS | 0.20 | 1.31 | -1.25 | -1.38 | 1.67 | 0.11 | |
ES, α = 0.4 | MAD | 12.45 | 9.90 | 19.08 | 9.63 | 8.30 | 11.87 |
MAPE | 34.83 | 29.07 | 46.64 | 22.30 | 18.15 | 30.20 | |
TS | 0.40 | 1.12 | -0.70 | -1.41 | 1.18 | 0.12 |
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