Question: Below is the actual demand for electrical boxes for Abco Electric for the last nine periods along with a forecast. A) Complete the Mean Absolute

Below is the actual demand for electrical boxes for Abco Electric for the last nine periods along with a forecast. A) Complete the Mean Absolute Deviation for this forecast. B) Complete an additional forecast for periods 4-12 using a weighted moving average of your choice. Change the title to describe your method. C) Calculate the MAD for your forecast. D) In the text box below put your comment comparing the accuracy of your forecast versus the one given in A. Was your method more accurate? Why or why not? Use whole numbers for all forecasts. Use ONE decimal place for the MAD calculations.

Period Demand Nave Method Error (e) MAD Your Title here Your MAD
1 855 Abs e Abs e
2 910
3 930
4 890 930
5 935 890
6 980 935
7 1020 980
8 960 1020
9 905 960
10 895 905
11 955 895
12 820 955
MAD

D. Your comment on Forecast Accuracy:

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