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  • RSFE - Running Sum of forecast Errors analysis

    Uploaded by

    Pradeep Kumar
    20 views3 pages
    The document compares the forecast accuracy of four different forecasting methods - Naive, 3PMA, 3PWMA and Exponential Smoothing - over a 12 month period. It provides the actual values, forecast values from each method and errors metrics like Absolute Error, Running Sum of Forecast Errors and Root Mean Squared Deviation.

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    Mean Absolute

    Original Title

    Mad

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    The document compares the forecast accuracy of four different forecasting methods - Naive, 3PMA, 3PWMA and Exponential Smoothing - over a 12 month period. It provides the actual values, forecast values from each method and errors metrics like Absolute Error, Running Sum of Forecast Errors and Root Mean Squared Deviation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    20 views3 pages

    RSFE - Running Sum of forecast Errors analysis

    Uploaded by

    Pradeep Kumar
    The document compares the forecast accuracy of four different forecasting methods - Naive, 3PMA, 3PWMA and Exponential Smoothing - over a 12 month period. It provides the actual values, forecast values from each method and errors metrics like Absolute Error, Running Sum of Forecast Errors and Root Mean Squared Deviation.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Alp 0.

    6
    ha 8

    Dec

    Act
    ual
    720
    45

    RSFE - Running Sum of


    forecast Errors

    Nai
    ve

    3P
    MA

    3PW
    MA

    Exp

    Err
    or

    RSF
    E

    147
    38
    146
    2
    513
    0

    147
    38
    162
    00
    213
    30
    202
    86
    273
    86
    296
    42
    155
    37
    554
    5
    325
    8
    -

    Absol
    ute
    Error

    RM
    AD

    T
    S

    14738

    147
    38

    1462

    810
    0

    5130

    711
    0

    1044

    559
    4

    7101

    589
    5

    2255

    528
    8

    14104

    654
    8

    697
    8
    718
    1
    757

    0.2

    Jan

    573
    07

    720
    45

    0.3

    720 By
    45 Nave

    Feb

    605
    61

    573
    07

    0.5

    620
    23

    Mar

    558
    99

    605
    61

    633
    04

    6188
    2

    610
    29

    April

    585
    85

    558
    99

    579
    22

    5757
    9

    575
    41

    May

    511
    50

    585
    85

    583
    48

    5817
    4

    582
    51

    Jun

    511
    67

    511
    50

    552
    11

    5433
    0

    534
    22

    104
    4
    710
    1
    225
    5

    July

    659
    93

    511
    67

    536
    34

    5264
    6

    518
    89

    141
    04

    Aug

    9
    10

    Sep
    Oct

    714
    72
    770
    77
    631

    659
    93
    714
    72
    770

    561
    03
    628
    77
    715

    5857
    7
    6576
    7
    7317

    614
    80
    682
    74
    742

    999
    2
    880
    3
    -

    9992
    8803
    11143

    0
    -

    17

    77

    14

    60

    11

    Nov

    651
    13

    631
    17

    705
    55

    6897
    6

    666
    83

    12

    Dec

    567
    05

    651
    13
    567
    05

    684
    36
    616
    45
    609
    09
    567
    05

    6690
    7
    6051
    0
    3003
    4
    1134
    1

    656
    15
    595
    56

    Jan
    Feb
    Mar
    ch

    111
    43
    157
    0
    891
    0

    788
    6
    945
    5
    183
    66

    1570

    703
    1

    8910

    718
    8

    90000
    80000
    70000
    60000
    50000
    Forecast
    40000

    Actual

    30000
    20000
    10000
    0
    Jan

    Feb

    Mar April May

    Jun

    July Aug Sep Oct Nov Dec

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