The following information is presented for a product: a. What is the MAD for the data above?

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The following information is presented for a product: image text in transcribed

a. What is the MAD for the data above?

b. Given the information above, what should the forecast be for the first quarter of 2000 if the company switches to exponential smoothing with an alpha value ofO.3?

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The Fundamentals Of Production Planning And Control

ISBN: 978-0130176158

1st Edition

Authors: Stephen Chapman

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Question Posted: Jul 11, 2024 09:04 AM

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The following information is presented for a product: a. What is the MAD for the data above?

Question:

1998 1999 Forecast Demand Forecast Demand Quarter I 212 232 222 245 Quarter II 341 318 316 351 Quarter III 157 169 160 145 Quarter IV 263 214 251 242

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The Fundamentals Of Production Planning And Control

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