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  • Example 1: This Spreadsheet Was Created by Either POM, QM or POM-QM For Windows, V3

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    vanessa
    32 views2 pages
    This spreadsheet contains forecasting data using a 2 period moving average. It includes the actual demand amounts over several periods, the forecasts generated by the moving average model, and error metrics calculated on the differences between the forecasts and actual values such as absolute error, squared error, percentage error, mean absolute deviation, and mean squared error. The next period forecast is also provided.

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    CPM

    Original Title

    example1.MovAvg.for

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    This spreadsheet contains forecasting data using a 2 period moving average. It includes the actual demand amounts over several periods, the forecasts generated by the moving average model, and error metrics calculated on the differences between the forecasts and actual values such as absolute error, squared error, percentage error, mean absolute deviation, and mean squared error. The next period forecast is also provided.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    32 views2 pages

    Example 1: This Spreadsheet Was Created by Either POM, QM or POM-QM For Windows, V3

    Uploaded by

    vanessa
    This spreadsheet contains forecasting data using a 2 period moving average. It includes the actual demand amounts over several periods, the forecasts generated by the moving average model, and error metrics calculated on the differences between the forecasts and actual values such as absolute error, squared error, percentage error, mean absolute deviation, and mean squared error. The next period forecast is also provided.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 2

    Example 1

    Forecasting Moving averages - 2 period moving average


    This spreadsheet
    spreadsheet was
    was created
    created by
    by either
    either POM,
    POM, QM
    QM or
    or POM-QM
    POM-QM for
    for Windows,
    Windows, V3.
    V3.

    Data Error analysis


    Period Demand Forecast Error Absolute Squared |% Error|
    3-Jan 100
    10-Jan 120
    17-Jan 110 110 0 0 0 0
    24-Jan 105 115 -10 10 100 0.095238
    31-Jan 110 107.5 2.5 2.5 6.25 0.022727
    7-Feb 120 107.5 12.5 12.5 156.25 0.104167
    Total 5 25 262.5 0.222132
    Average 1.25 6.25 65.625 0.055533
    Bias MAD MSE MAPE
    SE 9.354143
    Next period 115

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