Question: Given below are the actual demand and the forecasts made in 2018. Actual Forecast Year 2019 1st Quarter 1200 1100 2nd Quarter 900 1100 3rd
Given below are the actual demand and the forecasts made in 2018.
Actual Forecast
Year 2019 1st Quarter 1200 1100
2nd Quarter 900 1100
3rd Quarter 1100 1100
4th Quarter 1000 1100
What is MAD for the forecasts for the 1st, 2nd, 3rd and 4th Quarters of Year 2019?
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