Question: A forecasting method has produced the following over the past five months. What is the mean absolute deviation? Actual Forecast 15 15 16 12 14

A forecasting method has produced the following

A forecasting method has produced the following over the past five months. What is the mean absolute deviation? Actual Forecast 15 15 16 12 14 18 10 14 4 11 14 O A3 O B.1.4 O C. -3 OD.-1.4 O E. 14.6 What is the approximate forecast for May using a two-month moving average? Nov. Dec. Jan. Feb. Mar. April 31 46 42 49 46 32 A. 32 B. 42.333 C. 42.25 D. 39 E. 41 Which of the following statements is true about facility location decisions? A. Location decisions are basically one-time decisions that only pertain to newly formed organizations. B. One of the factors affecting location decisions is the company's position in the supply chain. C. The Centre of Gravity Method is a computer-based tool for collecting, storing, retrieving, and displaying location-dependent demographic data on maps. D. Large national and international retailers such as Walmart, Sears, and Future Shop typically avoid locating in the same area as their competitors when opening a new store in a particular city. E. Factor rating is limited to quantitative information concerning location decisions

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