3. Assume that May's actual sales figure turns out to be 400 For the forecast developed by Sherry using a 3-month moving average, the mean absolute deviation (MAD) = _______sales (round your response to two decimal places).

4. Based on the above calculations, the forecast approach used by_____ is better.

Storrs Cycles has just started selling the new Cyclone mountain bike, with monthly sales as shown in the table Month Jan Feb Mar Ape Sales 400 376 418 375 a) Based on the given monthly sales data, it can be said that there is not a strong near trend in sales over time. b) First, co-owner Bob Day wants to forecast by exponential smoothing by initially setting February's forecast equal to January's sales with 0.15. Using the forecasting method Bob's forecast for the month of May is (round your response to two decimal places): Month Sales Forecast Jan 400 Feb 370 400.00 Mar 418 396 40 Apr 373 399.54 May 395.04 Second, co-owner Sherry Snyder wants to forecast using a three-period moving average. The forecast for the month of Mayis (round your response to two decimo Month Sales Forecast Jan 400 Feb 375 Mar 413 Apr 370 39000 May 38067 c) Assume that Muy's actual sales figure tume out to be 400. For the forecast developed by Google in the meantin (MAD) and you response to two decimal places Clear all F Video Get more help Help me solve this