Ch.4 equations

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17 Terms

1

Naive approach

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2

Moving average simple

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3

Weighted moving average

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4

Simple exponential smoothing

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5

Forecast error

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6

Mean error

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7

mean absolute deviation

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8

Mean squared error

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9

Mean absolute percent error

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10

Exponential smoothing with trend adjustment

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11

Trend projections (simple linear regression)

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12

Trend projections (multiple linear regression)

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13

Seasonal indicies (average seasonal demand) total seasonal

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14

Seasonal indicies (average demand season) specific season

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15

Seasonal indicies ( seasonal index)

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16

Seasonal indicies ( expected seasonal demand)

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17

Correlation coefficient

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