Question: Which forecasting method would be most appropriate to be implemented if a company is entering into a new market with a new product which has

Which forecasting method would be most

Which forecasting method would be most appropriate to be implemented if a company is entering into a new market with a new product which has no historical demand data assuming that the market currently has no substitute/similar product? Nave method O Exponential smoothing Delphi Method Weighted moving average QUESTION 10 The actual weekly demand and its forecast for the everything bagel in Au Bon Pain Caf at QU are shown in the following table below. Week Actual Forecast 1 46 49 2 40 49 3 42 44 4 44 43 5 49 48 6 40 40 What is the mean absolute deviation (MAD) of this forecast? PLEASE ROUND YOUR ANSWER TO TWO DECIMALS

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