Error

Demand Forecast
e=f-d
1,159 Bias - 15.8 =AVERAGE(C3:C22)
1,409 1,159 =B3-A3 Bias% -1.1% =F2/AVERAGE(A3:A22)
1,458 1,284 - 174
1,461 1,371 - 90
2,000
1,527 1,416 - 111 Bias
1,443 1,472 29
1,800
1,102 1,457 355
866 1,280 414
1,600
1,106 1,073 - 33
1,374 1,089 - 285
1,537 1,232 - 305 1,400

1,432 1,384 - 48
1,687 1,408 - 279 1,200
1,603 1,548 - 55
1,127 1,575 448 1,000
1,824 1,351 - 473
1,823 1,588 - 235 800
1,327 1,705 378
1,375 1,516 141 600
1,238 1,446 208
1,526 1,342 - 184 400

200

-
1 2 3 4 5 6 7 8 9 10 11 12

Error Demand
e=f-d
 600
Bias

400

200

-200

-400

-600
9 10 11 12 13 14 15 16 17 18 19 20

Demand Forecast
 |Error|
Demand Forecast
=|f-d|
1,159 MAE 223.4 =AVERAGE(C3:C22)
1,409 1,159 =ABS(B3-A3) MAE% 15.8% =F2/AVERAGE(A3:A22)
1,458 1,284 174
1,461 1,371 90
1,527 1,416 111 2,000
1,443 1,472 29 Absolute Err
1,102 1,457 355 1,800
866 1,280 414
1,106 1,073 33 1,600
1,374 1,089 285
1,537 1,232 305 1,400
1,432 1,384 48
1,687 1,408 279 1,200
1,603 1,548 55
1,127 1,575 448 1,000
1,824 1,351 473
1,823 1,588 235 800
1,327 1,705 378
1,375 1,516 141 600
1,238 1,446 208
1,526 1,342 184 400

200

-
1 2 3 4 5 6 7 8 9 10 11

|Error| Dema
=|f-d|
 500
Absolute Error
450

400

350

300

250

200

150

100

50

-
7 8 9 10 11 12 13 14 15 16 17 18 19 20

|Error| Demand Forecast

=|f-d|
 APE
Demand Forecast
=|f-d|/d

1,159
1,409 1,159 =ABS(B3-A3)/A3 MAPE 16.9% =AVERAGE(C3:C22)
1,458 1,284 12%
1,461 1,371 6%
1,527 1,416 7% 2,000
1,443 1,472 2% Absolute Percentage Er
1,102 1,457 32% 1,800
866 1,280 48%
1,106 1,073 3% 1,600
1,374 1,089 21%
1,537 1,232 20% 1,400
1,432 1,384 3%
1,687 1,408 17% 1,200
1,603 1,548 3%
1,127 1,575 40% 1,000
1,824 1,351 26%
1,823 1,588 13% 800
1,327 1,705 29%
1,375 1,516 10% 600
1,238 1,446 17%
1,526 1,342 12%
400

200

-
1 2 3 4 5 6 7 8 9 10 11 12

APE Demand
=|f-d|/d
 60%
olute Percentage Error

50%

40%

30%

20%

10%

0%
9 10 11 12 13 14 15 16 17 18 19 20

Demand Forecast
d
 Error²
Demand Forecast
=(f-d)²
1,159 RMSE 264.3 =SQRT(AVERAGE(C3:C22))
1,409 1,159 =(B3-A3)^2 RMSE% 18.7% =F2/AVERAGE(A3:A22)
1,458 1,284 30,276
1,461 1,371 8,100
1,527 1,416 12,321 2,000
1,443 1,472 812 Squared Error
1,102 1,457 126,203 1,800
866 1,280 171,086
1,106 1,073 1,101 1,600
1,374 1,089 80,994
1,537 1,232 93,206 1,400
1,432 1,384 2,270
1,687 1,408 77,743 1,200
1,603 1,548 3,071
1,127 1,575 200,967
1,000
1,824 1,351 223,590
1,823 1,588 55,426
800
1,327 1,705 143,101
1,375 1,516 19,921
600
1,238 1,446 43,086
1,526 1,342 33,935
400

200

-
1 2 3 4 5 6 7 8 9 10 11 12 13

Error² Demand
=(f-d)²
 250,000
quared Error

200,000

150,000

100,000

50,000

-
10 11 12 13 14 15 16 17 18 19 20

Demand Forecast