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The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD based on the following historical data; Develop Forecast 2 using

The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD based on the following historical data; Develop Forecast 2 using the Nieve method. Would Forecast 2 have produced better results than Forecast 1 and why?
Year
Demand
Forecast1
1
12
16
2
15
12
3
11
22
4
10
11
5
13
10
a.
Yes, because it has a lower MAD
b.
Yes, because it has a higher MAD
c.
It cant be determined
d.
No, because it has a higher MAD
e.
No, because it has a lower MAD.

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Answer The Nieve method also known as the Naive method is a simple forecasting technique where the f... blur-text-image

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