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Sales of quilt covers at Bud Banis's discount department store in Carbondale over the past year are shown below. Management prepared a forecast using a

Sales of quilt covers at Bud Banis's discount department store in Carbondale over the past year are shown below. Management prepared a forecast using a combination of exponential: and its collective judgment for the 4 months (March, April, May, and June): Month Unit Sales Management's Forecast Jul 98 Aug 93 Sep 96110 Nov 120 Dec 120 Jan 95 Feb 85 Mar 102120 Apr 96115 May 89108 Jun 110108 a) MAD for the forecast developed by the management's technique = sales (round your response to two decimal places). MAPE for the forecast developed by the managements technique =%(round your response to two decimal places). b) Using the Naive Method, the forecast for period March through June is (round your response to two decimal places): Month Unit Sales Naive Forecast Jul 98 Aug 93 Sep 96 Oct 110 Nov 120 Dec 120 Jan 95 Feb 85 Mar 102 Apr 96 May 89 Jun 110 MAD for the naive forecast = sales (round your response to two decimal places). MAPE for the forecast developed by the naive approach =%(round your response to two decimal places). c) When comparing MAD for the two approaches, the better forecast is achieved using the When comparing MAPE for the two approaches, the better forecast is achieved using theand its collective judgment for the 4 months (March, April, May, and June):
a) MAD for the forecast developed by the management's technique = sales (round your response to two decimal places).
MAPE for the forecast developed by the management's technique =,%(round your response to two decimal places).
b) Using the Naive Method, the forecast for period March through June is (round your response to two decimal places):
MAD for the naive forecast =, sales (round your response to two decimal places).
MAPE for the forecast developed by the naive approach =,%(round your response to two decimal places).
c) When comparing MAD for the two approaches, the better forecast is achieved using the
When comparing MAPE for the two approaches, the better forecast is achieved using the
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