A company has actual unit demand for four consecutive months of 105, 110, 106, and 108. The respective forecasts for the same four months were 100, 110, 110 and 105. At the end of month 4: Which of the following is the resulting mean absolute deviation (MAD) that can be computed from this data? Group of answer choices 3.0 2.5 1.0 4.0 -1.0

A company has actual unit demand for four consecutive months of 105, 110, 106, and 108. The respective forecasts for the same four months were 100, 110, 110 and 105. At the end of month 4: Which of the following is the resulting mean absolute deviation (MAD) that can be computed from this data? Group of answer choices 3.0 2.5 1.0 4.0 -1.0

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.6: Moving Averages Models

Problem 19P: The file P13_19.xlsx contains the weekly sales of a particular brand of paper towels at a...

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