A manufacturing area needs to forecast workhours. This is a slightly different project. The data for...
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A manufacturing area needs to forecast workhours. Thisis a slightly different project. The data for several months issupplied below. Beside each of the actual numbers in black, theforecast is provided in red. The goal is to calculate three statson the data: MAD, MAPE, and the tracking signal. Be careful sincethe data is listed beginning with the most recent. Please round totwo decimal places. For MAPE, please convert to a percentage beforerounding. Do not enter the percent sign.
Jul 2020: 1693, 1591 Jun 2020: 1408, 1281 May 2020: 1945, 2237 Apr 2020: 1197, 1125 Mar 2020: 1985, 2084 Feb 2020: 1584, 1378 Jan 2020: 1117, 1050 Dec 2019: 1660, 1743 Nov 2019: 1113, 968 Oct 2019: 1127, 958 Sep 2019: 1075, 1204 Aug 2019: 1253, 1103 Jul 2019: 1633, 1437 Jun 2019: 1552, 1443 May 2019: 1689, 1486 Apr 2019: 1775, 1988 Mar 2019: 1523, 1355 Feb 2019: 1634, 1879 Jan 2019: 1675, 1910 Dec 2018: 1488, 1637 Nov 2018: 1399, 1581 Oct 2018: 1071, 975 Sep 2018: 1721, 1807 Aug 2018: 1389, 1195 Jul 2018: 1656, 1457 Jun 2018: 1342, 1409 May 2018: 1022, 910 Apr 2018: 1599, 1391 Mar 2018: 1558, 1636 Feb 2018: 1440, 1310 Jan 2018: 1903, 2169 Dec 2017: 1637, 1833 Nov 2017: 1052, 999 Oct 2017: 1092, 1256 Sep 2017: 1955, 1740 Aug 2017: 1623, 1866 Jul 2017: 1682, 1917
Please enter MAD here---> Please enter MAPE % here---> Please enter the tracking signalhere--->
A manufacturing area needs to forecast workhours. Thisis a slightly different project. The data for several months issupplied below. Beside each of the actual numbers in black, theforecast is provided in red. The goal is to calculate three statson the data: MAD, MAPE, and the tracking signal. Be careful sincethe data is listed beginning with the most recent. Please round totwo decimal places. For MAPE, please convert to a percentage beforerounding. Do not enter the percent sign.
Jul 2020: 1693, 1591 | Jun 2020: 1408, 1281 | May 2020: 1945, 2237 | Apr 2020: 1197, 1125 | Mar 2020: 1985, 2084 | Feb 2020: 1584, 1378 |
Jan 2020: 1117, 1050 | Dec 2019: 1660, 1743 | Nov 2019: 1113, 968 | Oct 2019: 1127, 958 | Sep 2019: 1075, 1204 | Aug 2019: 1253, 1103 |
Jul 2019: 1633, 1437 | Jun 2019: 1552, 1443 | May 2019: 1689, 1486 | Apr 2019: 1775, 1988 | Mar 2019: 1523, 1355 | Feb 2019: 1634, 1879 |
Jan 2019: 1675, 1910 | Dec 2018: 1488, 1637 | Nov 2018: 1399, 1581 | Oct 2018: 1071, 975 | Sep 2018: 1721, 1807 | Aug 2018: 1389, 1195 |
Jul 2018: 1656, 1457 | Jun 2018: 1342, 1409 | May 2018: 1022, 910 | Apr 2018: 1599, 1391 | Mar 2018: 1558, 1636 | Feb 2018: 1440, 1310 |
Jan 2018: 1903, 2169 | Dec 2017: 1637, 1833 | Nov 2017: 1052, 999 | Oct 2017: 1092, 1256 | Sep 2017: 1955, 1740 | Aug 2017: 1623, 1866 |
Jul 2017: 1682, 1917 |
Please enter MAD here---> | |
Please enter MAPE % here---> | |
Please enter the tracking signalhere---> |
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Question A manufacturing area needs toforecast workhours This is a slightly different project The datafor several months is supplied below Beside each of the actualnumbers in black the forecast is provided in
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