The following are monthly actual and forecast demand levels for May through Dece
ID: 3299068 • Letter: T
Question
The following are monthly actual and forecast demand levels for May through December for units of a product manufactured by the D. Bishop Company in Des Moines:
Month
Actual Demand
Forecast Demand
May
108
102
June
78
100
July
108
97
August
118
104
September
108
108
October
114
102
November
130
108
December
120
109
For the given forecast, the tracking signal = ? MADs (round your response to two decimal places).
Month
Actual Demand
Forecast Demand
May
108
102
June
78
100
July
108
97
August
118
104
September
108
108
October
114
102
November
130
108
December
120
109
Explanation / Answer
The table for calculations will be:
Hence,
MAD = 98/8 = 12.25
Month AD FD |AD - FD| May 108 102 6 June 78 100 22 July 108 97 11 August 118 104 14 September 108 108 0 October 114 102 12 November 130 108 22 December 120 109 11 Sum 98Related Questions
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