SETZER_HW03_02 - page 1 of 2 2 Weekly sales of Hot Pizza are as follows in the first spreadsheet Estimate demand level Lt for the next four

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page 1 of 2 2. Weekly sales of Hot Pizza are as follows in the first spreadsheet. α = 0.1 Evaluate the MAD, MAPE, MSE, bias, and TS in each case. Four Week Moving Average % Error 1 108 2 116 3 118 4 124 116.50 5 96 113.50 116.50 20.50 20.50 420.25 20.50 21.35% 21.35% 20.50 1.00 6 119 114.25 113.50 -5.50 5.50 225.25 13.00 4.62% 12.99% 15.00 1.15 7 96 108.75 114.25 18.25 18.25 261.19 14.75 19.01% 15.00% 33.25 2.25 8 102 103.25 108.75 6.75 6.75 207.28 12.75 6.62% 12.90% 40.00 3.14 9 112 107.25 103.25 -8.75 8.75 181.14 11.95 7.81% 11.88% 31.25 2.62 10 102 103.00 107.25 5.25 5.25 155.54 10.83 5.15% 10.76% 36.50 3.37 11 92 102.00 103.00 11.00 11.00 150.61 10.86 11.96% 10.93% 47.50 4.38 12 91 $99.25 102.00 11.00 11.00 146.91 10.88 12.09% 11.08% 58.50 5.38 Estimate demand level L t for the next four weeks (highlighted in bold in spreadsheet) using a four-week moving average as well as simple exponential smoothing with Week t Demand D t Level L t Forecast
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This note was uploaded on 05/12/2010 for the course ESI 6323 taught by Professor Guan during the Summer '09 term at University of Florida.

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SETZER_HW03_02 - page 1 of 2 2 Weekly sales of Hot Pizza are as follows in the first spreadsheet Estimate demand level Lt for the next four

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