Question: 1. Using the Naive Method, the forecast for period 1- 12 is: 2. MAD for the Naive forecast = ____ 3. MAPE for the forecast

1. Using the Naive Method, the forecast for period 1- 12 is: 2. MAD for the Naive forecast = ____

3. MAPE for the forecast developed by the Naive approach = ____ 4.how is the graph based on results?

2020

Periods

Month

Demand

1

January

2920531

2

February

2963291

3

March

3011475

4

April

3008570

5

May

3010114

6

June

3012344

7

July

3030518

8

August

3060722

9

September

3091329

10

October

3054233

11

November

3011474

12

December

2963290

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!