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Final Project Assignment SCM 301- 100% Solution (2020) $21.98   Add to cart

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Final Project Assignment SCM 301- 100% Solution (2020)

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Final Project Assignment SCM 301 Overview of the Case Analysis We have discussed many concepts in SCM 301 related to planning, sourcing, making and delivering products and services. The purpose of this case analysis is to integrate the different elements of the course and to apply tools you have...

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  • April 19, 2020
  • 8
  • 2019/2020
  • Exam (elaborations)
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Timeless2024
Year MFE
201416,50013,1253,3753,37520.5% 5,713 201523,65015,6008,0508,05034.0%
Wt 0.65 11,42511,42554.5%
Wt-1 0.35
Values 2
Year MFE
201416,50013,8802,6202,62015.9% 5,180 201523,65015,9107,7407,74032.7%
α0.80 10,36010,36048.6%
Values 2
Weighted Moving Average AND Exponential Smoothing
Exponential Smoothing uses α = 0.8.Actual DemandWeighted Moving Average ForecastForecasted Error (FE)Absolute Deviation (AD) positiveAbsolute % error (APE)
Actual DemandExponentia
l ForecastForecasted Error (FE)Absolute Deviation (AD) positiveAbsolute % error (APE)
1) Calculate the measures of annual forecast accuracy for FY 2014 and FY2015 using the MFE, MAD and MAPE. Do these forecasts seem adequate for the purposes of decision-making? Why or why not?
Weighted Moving Average uses Wt = 0.65 and Wt-1 =0.35.

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