Multiple Choice
What is the Mean Absolute Deviation (MAD) if the sum of the absolute forecast error over 12 periods is 174?
A) 10.5
B) 12
C) 14.5
D) 16
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q71: As per the bullwhip effect,which member of
Q72: The average rate of change in a
Q73: What will be the forecast for the
Q74: What is the bullwhip effect in supply
Q75: A manufacturer of printers introduces a new
Q76: NextGenTabs has introduced their latest model of
Q77: A measure of forecasting error that tracks
Q78: Variation patterns that are repetitive and occur
Q79: A proactive balancing of scarce business resources
Q80: Removing the seasonal component from a historical