Please Help les a quit o ers at Bud anis s discount depa man store n arbon ale o

Question

Please Help

les a quit o ers at Bud anis s discount depa man store n arbon ale ove lhe past y ar are shown balow. Managemant a forecast using a o m al smoothing and its o udgment or the 4 months March, Apn 4 months (March, April, May, May and June): prepare na on expor ect Month Unit Sales Management's Forecast Jul Ag Sap O Na De Ja F Mar Apr Maay Jun 88 97 4 0 24120 90 85 100 96 88 108 125 114 112 10 a) MAD for the forecast developed by the managamant's techsales (round your resoonss to two decimai places)

Explanation / Answer

MAD = sum of absolute values of differences between sales and forecast / no of periods

=I (100-125) I +I96-114I +I88-112I+I106-110I /4

= 25+18+24+2 /4 = 69/4 = 17.25

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