Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business
New Topic  
Fattbatts Fattbatts
wrote...
Go to Answer
Posts: 297
Rep: 1 0
5 years ago
The Taco Barn
After tallying the receipts for their first year of operation, the owners of the Taco Barn are encouraged. Sales of their artisanal tacos, made from such exotic ingredients as ground beef, cheese, and beans, have been strong and seem to give hope to the coming year. Taco sales by month are shown in the table.

MonthSales
January474
February485
March501
April588
May579
June673
July594
August679
September608
October699
November732
December732

Armed only with his fingers, the owner decides that the safest forecasting approach is a moving average of two periods. Generate a forecast for the year using this technique and then calculate forecast errors using MAD. What is the mean absolute deviation for this forecasting approach?

• 49.1

• 44.5

• 41.2

• 43.3
Textbook 
Introduction to Management Science

Introduction to Management Science


Edition: 13th
Author:
Read 106 times
1 Reply
Replies
Answer verified by a subject expert
MarvinbogMarvinbog
wrote...
#1
Posts: 192
Rep: 181 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Fattbatts Author
wrote...

5 years ago
This helped my grade so much Perfect
alpheratz
wrote...

Yesterday
Just got PERFECT on my quiz
jcarter
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1237 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 979
  
 236
  
 19
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?