Question: Develop a four-month moving average forecast for Wallace Garden Supply and compute the MAD. A three-month moving average forecast was developed in the attached table.
Develop a four-month moving average forecast for Wallace Garden Supply and compute the MAD. A three-month moving average forecast was developed in the attached table. You may also view this table at Resources Tab under the Problem Sets Tab.
Question 1 (10 points)
The four-month moving average forecast for Wallace Garden Supply is ___________. (Please round it to an integer and include no units.)
Question 1 options:
|
| 17 |
|
| 18 |
|
| 19 |
|
| 20 |
Question 2 (10 points)
Question 2 options:
The Mean Absolute Deviation (MAD) for the above forecast is
. (Please round it to two decimal points.)
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