Question: Given the Forecasts and Observed Demands shown below, please calculate out the MAD for each of the forecasts. Week Demand Observed 6 171 7
Given the Forecasts and Observed Demands shown below, please calculate out the MAD for each of the forecasts. Week Demand Observed 6 171 7 254 8 356 9 333 10 127 Forecast: 4-mo Moving Avg (MA(4)) 213.75 211 222.5 280.25 278.5 What is the MAD for MA(4): What is the MAD for ES(.05): Forecast: Exponential Smoothing (ES(.05)) 354.5 345.3 340.7 341.5 341.1
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To calculate the Mean Absolute Deviation MAD for each of the forecasts we follow these steps 1 Subtr... View full answer
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