The Department Manager Using a Combination of Methods Has Forecast

question 104

Essay

The department manager using a combination of methods has forecast sales of toasters at a local department store. Calculate the MAD for the manager's forecast. Compare the manager's forecast against a naive forecast. Which is better?
$\begin{array}{|l|l|l|}\hline\text { Month } & \text { Unit Sales } &\text { Manager's }\\&&\text { Forecast } \\\hline \text { January } & 52 \\\hline \text { February } & 61 \\\hline \text { March } & 73 \\\hline \text { April } & 79 \\\hline \text { May } & 66 \\\hline \text { June } & 51 \\\hline \text { July } & 47 & 50 \\\hline \text { August } & 44 & 55 \\\hline \text { September } & 30 & 52 \\\hline \text { October } & 55 & 42 \\\hline \text { November } & 74 & 60 \\\hline \text { December } & 125 & 75 \\\hline\end{array}$

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Definitions:

Put Others First

A principle emphasizing the importance of prioritizing the needs and well-being of others over one's own interests.

Antecedent Conditions

Factors or circumstances existing before a particular event or situation that influence its occurrence or outcome.

Organizational Context

The set of circumstances or conditions, including culture, structure, and external environment, that surrounds and influences the operation of an organization.

Aspire to Lead

The desire or ambition to take up leadership roles and responsibilities.