SCM 303 Exam 3 Formulas

SCM 303 Exam 3 Formulas - and smoothing coefficient Chapter...

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Chapter 12 Formulas – Bias= Means forecast error(MFE) = Means absolute deviation(MAD) = Means absolute percentage error (MAPE)= Chapter 12 pg 351 moving average formula and weighted moving average Exponential smoothing formula pg 354
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Unformatted text preview: and smoothing coefficient Chapter 13 formulas- level production plan P = level production rate D i = demand in period i EI = desired ending inventory level BI = beginning inventory N = Number of planning periods...
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