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

A A. B. C.
Period Demand Nave Method MAD Your title here Your MAD
1 14750 Abs e Abs e
2 14375
3 14875
4 13500 14875
5 14750 13500
6 14000 14750
7 15125 14000
8 15500 15125
9 16250 15500
10 15250 16250
11 15750 15250
12 16000 15750
MAD

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