Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MONTH Actual shed sale 4 month moving averge JAN 10 FEB 12 MAR 13 APR 16 MAY 19 JUN 23 JUL 26 AUG 30 SEP

MONTH Actual shed sale 4 month moving averge
JAN 10
FEB 12
MAR 13
APR 16
MAY 19
JUN 23
JUL 26
AUG 30
SEP 28
OCT 18
NOV 16
DEC 14
JAN -

A. Develop a four-month moving average forecast for Wallace Garden Supply and compute the MAD.

B. The four-month moving average forecast for Wallace Garden Supply is ___________. (Please round it to an integer and include no units.)

a:17, b: 18, c: 19, d: 20

C. The Mean Absolute Deviation (MAD) for the above forecast is . (Please round it to two decimal points.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cash Flow Stock Investing

Authors: Randall Stewart

1st Edition

1980883300, 978-1980883302

More Books

Students also viewed these Finance questions

Question

What would the employee volunteer gain?

Answered: 1 week ago