The Past Monthly Demands Are Shown Below

question 28

Multiple Choice

The past monthly demands are shown below. The naïve method, that is, the one-period moving average method, is applied to make forecasts. What is the mean absolute deviation (MAD) of the forecasts?

• A) −1.67
• B) 25.00
• C) 91.67
• D) 8.33

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Definitions:

Canadian Criminal Law

The body of law in Canada that relates to the punishment and prevention of crime.

Mediated Settlement

A resolution of a dispute facilitated by a neutral third-party mediator without the need for court intervention.

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