The historical demand for four period is 62,60, 72, and 67 respectively. Using the Naivemethod, the Mean absolute Deviation (MAD)isSelect one:a. None is correctb. -10.67C. 10.67• d. 6.33e. 14.67

Answered: The historical demand for four period…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

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

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The historical demand for four period is 62, 60, 72, and 67 respectively. Using the Naïve method, the Mean absolute Deviation (MAD) is