What is the Mean Absolute Deviation (MAD), when using the weighted 4-period moving average technique? Use weights of 0.6, 0.2, 0.1, and 0.1 for the most recent period, the second most recent period, the third most recent period, and the fourth most recent period, respectively.  Group of answer choices 5445 1256 -1555 4450 1140

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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What is the Mean Absolute Deviation (MAD), when using the weighted 4-period moving average technique? Use weights of 0.6, 0.2, 0.1, and 0.1 for the most recent period, the second most recent period, the third most recent period, and the fourth most recent period, respectively. 

Group of answer choices
5445
1256
-1555
4450
1140
Paw Patrol Inc. manufactures toys for kids from 1 to 10 years old. The summary of toy sales by month in
2017 and 2018 is as follows:
Dt
2018
April
18600
Period
Demand
May
18716
June
19235
2017
September
19400
July
19500
October
18300
August
September
19753
November
17200
18320
December
14998
October
17652
2018
January
February
19800
November
16200
19555
December
15563
March
19800
Transcribed Image Text:Paw Patrol Inc. manufactures toys for kids from 1 to 10 years old. The summary of toy sales by month in 2017 and 2018 is as follows: Dt 2018 April 18600 Period Demand May 18716 June 19235 2017 September 19400 July 19500 October 18300 August September 19753 November 17200 18320 December 14998 October 17652 2018 January February 19800 November 16200 19555 December 15563 March 19800
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