MGSC 395 Final Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
Complementary products : when one demand goes up, so does the other Judgement methods : contextual knowledge gained through experience Causal methods : Use historical data and the relationships can be identified between the dependent and independent variable (s). Time series methods : Use historical information regarding only the dependent variable Time series methods examples : Simple moving average, exponential smoothing, trend patterns using regression method 2 | P a g e naive forecast : The forecast for the next period equals the demand for the current period (Forecast = Dt) Exponential smoothing : recent demands are weighed more than earlier demands How to calculate MAD : Sum of the absolut
Escuela, estudio y materia
- Institución
- MGSC 395
- Grado
- MGSC 395
Información del documento
- Subido en
- 16 de abril de 2024
- Número de páginas
- 7
- Escrito en
- 2023/2024
- Tipo
- Examen
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