Using MAD, determine whether the forecast in Problem 5-15 or the forecast in the section concerning Wallace

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Using MAD, determine whether the forecast in Problem 5-15 or the forecast in the section concerning Wallace Garden Supply is more accurate.

In Problem 5-15, Develop a four-month moving average forecast for Wallace Garden Supply and compute the MAD. A three-month moving average forecast was developed in the section on moving averages in Table5.2.

Using MAD, determine whether the forecast in Problem 5-15 or
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Quantitative Analysis for Management

ISBN: 978-0133507331

12th edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha

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