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(Solved): lForecastingSales for the past 6 months at Dalworth Company are given in the following table: M ...


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Forecasting

Sales for the past 6 months at Dalworth Company are given in the following table:

 
Month Sales
July 55
August 64
September 56
October 38
November 34
December 31

 

What is the Mean Absolute Deviation (MAD) for August through December forecasts produced by using exponential smoothing with ? = 0.7?

 

(Note: Do not round the forecasts, and choose the closest answer.)

 

 
Multiple Choice

    8.75
    15.28
    10.41
    36.93


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Answer: The closest answer CORRECT OPTION is option C = 10.41 The calc
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