Mie Gomak Forecast Forecast Error Abs Value of Forecast Eror 50 700 810 800 625 175 175 900 783 117 117 700 852 - 152 152 444
Mie Gomak Forecast Forecast Error Abs Value of Forecast Eror 50 700 810 800 625 175 175 900 783 117 117 700 852 - 152 152 444
50
700
810
800 625 175 175
900 783 117 117
700 852 -152 152
444
MAE 148
MSE 22472.666666667
MAPE 18.86%
square abs error abs percentage error 0.2
0.3
0.5
30625 21.88%
13689 13.00%
23104 21.71%
67418 56.59%
mie gomak forecast forecast error abs value of forecast error square forecast eror
50
700 50 650 650 422500
810 105 705 705 497025
800 154.5 645.5 645.5 416670.25
900 188.15 711.85 711.85 506730.4225
700 221.705 478.295 478.295 228766.107025
3190.645 2071691.779525
MAE 638.129
MSE 414338.355905
MAPE 81.60%
abs percentage error
0.1
92.86% 0.7
87.04%
80.69%
79.09%
68.33%
408.00%
ITEM NUMBER COST PER UNIT MONTHLY USAGE MONTHLY INVENTORY VALUE
1 15000 480 7200000
2 21000 20 420000
3 25000 3 75000
4 18000 8 144000
5 17000 48 816000
6 26000 12 312000
7 30000 180 5400000
8 14000 3 42000
9 19000 50 950000
10 22000 5 110000
15469000
% INVENTORY VALUE CUMMULATIVE
46.54% 46.54%
2.72% 49.26%
0.48% 49.74%
0.93% 50.68%
5.28% 55.95%
2.02% 57.97%
34.91% 92.88%
0.27% 93.15%
6.14% 99.29%
0.71% 100.00%