Question: Please use the template below: 2) The department manager using a combination of methods has forecast sales of toasters at a local department store. Calculate

Please use the template below: 2) The department

Please use the template below:

Please use the template below: 2) The department

2) The department manager using a combination of methods has forecast sales of toasters at a local department store. Calculate the MAD for the manager's forecast. Compare the manager's forecast against a naive forecast covering the same time period. Which is better? Manager's Forecast Month January February March April May June July August September October November December Unit Sales 52 61 73 79 66 51 47 44 30 55 74 125 50 55 52 42 60 75 2) Month Actual Manager's Abs. Error Naive Abs. Error 52 61 73 79 66 January February March April May June July August September October November 51 47 50 44 55 30 52 55 42 74 60 December 125 75

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