Question: Based on the following information calculate the absolute deviation and the MAD. Period Forecast Actual Demand Absolute Deviation 1 120 100 2 120 115 3

Based on the following information calculate the absolute deviation and the MAD. Period Forecast Actual Demand Absolute Deviation 1 120 100 2 120 115 3 120 111 4 120 110 5 120 120 MAD Total Given the numbers above calculate the MAD Using exponential smoothing and a smoothing constant of 10 calculate forecasts for periods 2 to 4. Demand Forecast 1 22 22 2 24 3 20 4

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