User Account

All Pages

Compute the mean absolute deviation for forecast

Assignment Help Business Management
Reference no: EM132176526

Sales of a brand of dog food at Petco are in the table below. Compute a three period moving average and a four period moving average for weeks 7,8 and 9. Compute the Mean Absolute Deviation (MAD) for each forecast. Which model is more accurate? Forecast week 10 with the more accurate method.

Week Sales (cases)

1 19

2 23

3 29

4 33

5 21

6 19

7 23

8 25

9 20

Reference no: EM132176526

Questions Cloud

Forecast trends in the automobile : How can decomposition models be used to forecast trends in the automobile or better yet the music industry?
Major differences between equity and debt financing : Explain the major differences between equity and debt financing, and discuss the primary ways in which each would affect the future of the partners business
Measurement process in an organizations strategy : How has globalization and product diversification affected the measurement process in an organizations strategy?
Consumers in the baby boomer age cohort present : What marketing opportunities do consumers in the Baby Boomer age cohort present?
Compute the mean absolute deviation for forecast : Compute the Mean Absolute Deviation (MAD) for each forecast. Which model is more accurate? Forecast week 10 with the more accurate method.
Project work to supplier with questionable labor practices : Outsourcing project work to a supplier with questionable labor practices can cause a situation called
Making decision using project management methodology : Assume you are either Mike or Josh; how would you go about making a decision using project management methodology?
Calculate the mean absolute deviation : Forecast demand for periods 2 through 4 using exponential smoothing with an alpha (smoothing constant) of 0.6, and an intial forecast of 30.0 for period 1.
Options for evaluating a firm performance : There are several options for evaluating a firm's performance. Among these are Net profit trends, market share trends, and the balanced scorecard.

Reviews

Write a Review

Business Management Questions & Answers

  What are pros and cons of raising the prices at bulls eye

The manager is unsure of this strategy as recent data points to increasing numbers of individuals shopping more and more. What are the pros and cons of raising the prices at Bulls Eye and would that strategy be profitable?

  Give the definition between equity and equality

a. What is the difference and how can we see this both concepts in the market? Justify your answer with data.

  Describe the concept of organizational effectiveness

Explain the concept of organizational effectiveness, as it relates to the interactions of members. Analyze methods used to improve the behavior and attitudes of organizational members.

  Verbal and nonverbal communication examples

What is gendered communication and what are gendered verbal and nonverbal communication examples? And what are traditional expectations of nonverbal communication? How can men and women violate these expectations?

  State three facts about the musculoskeletal

State three facts about the musculoskeletal, respiratory, or digestive system. For each fact: list the fact, where you found the fact, and why you like fact

  Family run business

What are the pros and cons you would expect to find in a large, family run business? Please list 3 of each.

  Questionable decisions in a business setting

Is it possible for an individual with strong moral values to make ethically questionable decisions in a business setting?

  Perfume protected under intellectual property

The paper is to prepare a brief discussion paper is perfume protected under Intellectual property law, as per instructions below. Discussion papers usually offer a combination of response to recent events, analysis and commentary.

  What is the variance of the sample? proportion

What is the mean of the distribution of the sample proportion of returns leading to? refunds? What is the variance of the sample? proportion?

  Ethical behavior in the work place

Would be inclined to use this as your guiding principle in regards to ethical behavior in the work place? Why or why not?

  Describe the roles purchasing

Describe the roles purchasing, receiving, storing and issuing play in food and beverage service. What role(s) does technology have in these processes?

  What is strategy-discussion

When posting in weeks 1,2,4 and 5, you must use scholarly references, and you need to provide a critical analysis in each of your initial posts for the week.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd