Question
#4).Substitute for Problem # 4 in attachment)-Calculate the MAD,revised MAD and the Revised Forecast for months 1-6 for the following three groups,where the Forecast stands
#4).Substitute for Problem # 4 in attachment)-Calculate the MAD,revised MAD and the Revised Forecast for months 1-6 for the following three groups,where the Forecast stands for Forecast Demand.Has your forecast improved ? Tell me how would you go about improving the revised forecast( for each of the three groups)without actually doing so?
Estate Planning Group Auditing and Accounting Group Business Consulting Group
Month Actual Demand Forecast Actual Demand Forecast Actual Demand Forecast
1 100 125 270 230 140 135
2 90 125 240 230 130 135
3 110 125 280 230 160 135
4 115 125 260 230 180 135
5 130 125 300 230 200 135
6 115 125 220 230 190 135
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