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An Operation Analyst Is Forecasting This Year's Demand for One

Question 102

Multiple Choice

An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: The previous trend line had predicted 18,500 for two years ago,and 19,700 for last year.What was the mean absolute deviation (MAD) for these forecasts? A) 100 B) 200 C) 400 D) 500 E) 800 The previous trend line had predicted 18,500 for two years ago,and 19,700 for last year.What was the mean absolute deviation (MAD) for these forecasts?


A) 100
B) 200
C) 400
D) 500
E) 800

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