The following table shows actual and forecast values for demand.The Mean Absolute deviation/error, MAD/MAE = 2.5. Determine the actual demand in period 3, A3.Note that period 1 has no forecast value.Timet12345A3ActualAt||1310A31014ForecastFt17161214

The actual and forecast values demand table is given. The mean absolute difference MAD is 2.5

Answered: The following table shows actual and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The following table shows actual and forecast values for demand. The Mean Absolute deviation/error, MAD/MAE = 2.5. Determine the actual demand in period 3, A Note that period 1 has no forecast value. Time t 1 2 3 4 5 A3 Actual At 13 10 A3 10 14 = Forecast Ft 17 16 12 14