Question: Question 1 1 pts What is the Mean Absolute Deviation (MAD) for the following forecast? Month Actual Sales $105.895 Aug Sep Oct $122,099 $231.883 $76,451

Question 1 1 pts What is the Mean Absolute

Question 1 1 pts What is the Mean Absolute Deviation (MAD) for the following forecast? Month Actual Sales $105.895 Aug Sep Oct $122,099 $231.883 $76,451 Forecasted Sales $120,000 $120,000 $230,000 $100,000 Nov O O $11.968 O $16.968 O $13.961 O $12.409 $22.909 O $6.968 O $10.409 O $20.409

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

A television signal (video and audio) has a bandwidth of 4.5 MHz. This signal is sampled, quantized, and binary coded to obtain a Pulse code modulation (PCM) signal. a) Determine the sampling rate if...

Question 1 1 pts What is the Mean Absolute Deviation (MAD) for the following forecast? Month Actual Sales Forecasted Sales Aug $105,895 $120,000 Sep $122,099 $120,000 Oct $281,883 $250,000 Nov...

Question 26 1 pts What is the Mean Absolute Deviation (MAD) for the following forecast? Month Actual Sales Forecasted Sales Aug $105,895 $120,000 Sep $122,099 $120,000 Oct $281,883 $250,000 Nov...

What is the Mean Absolute Deviation (MAD) for the following forecast? Month Tin Atte 11 Actual Sales $105,895 Aug Sep $122,099 Forecasted Sales $120,000 $120,000 $250,000 $100,000 Oct Nov $231,883...

Cutting Edge This case was adapted from Hiller, Frederick S. & Mark S. Hillier (2014). Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets, 5th ed.,...

I need help in these tasks, Please help me with these and also help me in the questions, I will be thankful I did first task, need to do second onwards Your team has just been hired as Operations...

Master Budget complete the master budget and provide brief analysis of the financial forecasted. sales budget selling and admi expense budget direct material budget direct labor budget manufacturing...

Sublime Delight Case Analysis . Background 'Sublime Delight' is a small, but rapidly growing, coffee roaster, coffee supplier, and outlet operator. It began 5 years ago when David Geoffs decided to...

( technology forecasting) can u tell me what method/ model used in this report, need only two. choose from this one https://pdfs.semanticscholar.org/fede/a35685428f15a3a7a32db5b96f232e0dcda3.pdf?_ga=...

Estimate the per-share value of Eli Lilly (LLY) common stock. Obtain all necessary data from the information below. (MULTI PART QUESTION, PLEASE ANSWER EVERYTHING) a. Justify your choice of valuation...

Information for Questions 1-2: The Instant paper Clip Company sells and delivers office supplies to various companies, schools, and agencies within a 30-mile radius of its warehouse. The office...

Suppose the full-employment level of real output (Q) for a hypothetical economy is $250 and the price level (P) initially is 100. Use the short-run aggregate supply schedules below to answer the...

Nancy Cotton bought NuTalk for $15 per share. One year later, Nancy sold the stock for $21 per share, just after she received a $0.90 cash dividend from the company. What total return did Nancy earn?...

A small factory has been operating in an area for 1 5 years. The city recently rezoned the area as strictly residential. What is likely to happen to the factory? ( a ) It must cease operations...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...