The past monthly demands are shown below.The naïve method,that is,the one-period moving average method,is applied to make forecasts. What is the mean absolute deviation (MAD)of the forecasts?
A) −1.67
B) 25.00
C) 91.67
D) 8.33

Question

The past monthly demands are shown below.The naïve method,that is,the one-period moving average method,is applied to make forecasts.  What is the mean absolute deviation (MAD)of the forecasts?
A) −1.67 
B) 25.00 
C) 91.67 
D) 8.33

Quizplus · Accepted Answer

The Answer of The past monthly demands are shown below.The naïve method,that is,the one-period moving average method,is applied to make forecasts.  What is the mean absolute deviation (MAD)of the forecasts?
A) −1.67 
B) 25.00 
C) 91.67 
D) 8.33

The Past Monthly Demands Are Shown Below