Compute the overall MAD for the following data: Month 1 2 3 st 4 5 6 66.7 68.9 45.6 76.6 Actual demand 950 1070 1100 960 1090 1050 Forecasted Demand 1000 1000 1000 1000 1000 1000 A newsvendor pays $.30 for each paper and sells each paper for $.50. From past data,it shows the average demand of 90 papers with standard deviation of 10 papers and demand follows the normal distribution. So, how much newspaper should he stock? 110 90 88 123