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Accession Number:
AD0701679
Title:
AN ANALYSIS OF MEAN ABSOLUTE DEVIATION VARIABILITY
Corporate Author:
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
Report Date:
1969-10-01
Abstract:
Prediction of demand and setting reorder levels by exponential smoothing and mean absolute deviation is studied for an inventory system. The relation between the standard deviation and mean absolute deviation of demand distribution is discussed. Asymptotic first and second moments of the exponentially-smoothed forecast errors MAD are derived. Results obtained from simulation of several normal systems indicated that the smoothing technique is inferior to the classical maximum likelihood estimation method.
Descriptive Note:
Master's thesis
Pages:
0052
Distribution Statement:
Approved for public release; distribution is unlimited.
File Size:
2.40MB
