The forecasts in the last four periods were 15, 22, 31, and 25 units. The actual demands

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The forecasts in the last four periods were 15, 22, 31, and 25 units. The actual demands were 14, 27, 38, and 28 units. What is the mean absolute deviation for this forecast?

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Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets

ISBN: 978-0078024061

5th edition

Authors: Frederick S. Hillier, Mark S. Hillier

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Posted Date: Dec 16, 2023 11:09 PM

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The forecasts in the last four periods were 15, 22, 31, and 25 units. The actual demands

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To find the mean absolute deviation MAD for a forecast you ... View the full answer

Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets

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