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The historical demand for four period is 40,55, 75, and 80 respectively. Using the Naïve method, the Mean absolute Deviation (MAD) is O a. 13.33 O b. 10.67 14.67 Od. None is correct Oe. 14.33

The historical demand for four period is 40,55, 75, and 80 respectively. Using the Naïve method, the Mean absolute Deviation (MAD) is O a. 13.33 O b. 10.67 14.67 Od. None is correct Oe. 14.33

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
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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Solve in a normal method (no excel please ). q(7)
The historical demand for four period is 40,55, 75, and 80 respectively. Using the Naïve method, the Mean absolute Deviation (MAD) is O a. 13.33 Ob. 10.67 14.67 Od. None is correct 14.33
Transcribed Image Text:The historical demand for four period is 40,55, 75, and 80 respectively. Using the Naïve method, the Mean absolute Deviation (MAD) is O a. 13.33 Ob. 10.67 14.67 Od. None is correct 14.33
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