Smart Phone covers sales for the past 12 months is given below. Management forecast's for the months of March, April, May, and June are listedMonthUnit SalesManagement's ForecastJulAug SepOctNovDecJanFebMarAprMayJun100959511212611895851019489110122114108112a) What is the MAD for the forecast developed by management sales (round your response to two decimal places)What in the MAPE for the forecast developed by management % (round your response to two decimal places).%3D

MAD shows the average deviations of the forecasted values in comparison to actual sales. MAPE is…

Answered: 101 Management's Forecast 122 114 a)…

Practical Management Science

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ISBN:9781337406659

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Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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101 Management's Forecast 122 114 a) What is the MAD for the forecast developed by management sales (round your response to wo decimal places). What is the MAPE for the forecast developed by management % (round your response to two decimal place)