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The Past Monthly Demands Are Shown Below

Question 65

Multiple Choice

The past monthly demands are shown below.The naïve method,that is,the one-period moving average method,is applied to make forecasts. 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 What is the mean absolute deviation (MAD) of the forecasts?


A) −1.67
B) 25.00
C) 91.67
D) 8.33

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