Question: Given the following weekly demand and forecast figures. Week Demand Forecast 1 20 40 2 25 20 3 35 30 The MAD is: A. 30

Given the following weekly demand and forecast figures.

Week Demand Forecast
1 20 40
2 25 20
3 35 30

The MAD is:

  • A. 30
  • B. 10
  • C. 0
  • D. -10
  • E. none of the above

The cumulative sum of forecast errors (CFE) is:

  • A. -10
  • B. 10
  • C. 30
  • D. 3.33
  • E. 150

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