Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Operation Management Expert

Since May of 2005, the purchase manager at department store has been using the 4-period moving average to forecast sales in next months. Sales data for months of January through July are given in the table below.

Month

Sales

Jan

65

Feb

65

Mar

41

Apr

50

May

63

June

38

Jul

72

Evaluate the mean absolute deviation (or MAD) for four-period moving average forecasts. The forecast values are computed with accuracy of two decimal digits. Identify the MAD as an entire number by rounding.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M914503

Have any Question? 


Related Questions in Operation Management

Refer to the root cause you identified in 6-4prepare a plan

Refer to the root cause you identified in 6-4. Prepare a plan to improve the process by eliminating the root cause. Estimate the time and cost involved. Also, document potential risks during the improvement process and p ...

1- how would a manager use the systematic thinking and the

1- How would a manager use the systematic thinking and the intuitive thinking in problem solving? Give examples. 2- You are under a lot of pressure because the problem situation involves social loafing and poor performan ...

How would you handle scope creep where do you draw the line

How would you handle scope creep? Where do you draw the line or when do you agree to make the changes? If you make the changes, what is the procedure?

Problem 1 -ching-chang kuo is considering opening a new

Problem 1 - Ching-Chang Kuo is considering opening a new foundry in Denton, Texas; Edwardsville, Illinois; or Fayetteville, Arkansas, to produce high quality rifle sights. He has assembled the following fixed-cost and va ...

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group behaviour and how it influences work performance Identify and critically discuss traditional and con ...

2014 december 31 eddy earned net income of 80000 eddy paid

2014 December 31, Eddy earned net income of $800,00. Eddy paid $5000 to Gordon. Gordon has 10% of Eddy's common shares. What amount should be reported on Gordon's 2014 income statement for the dividends received from Edd ...

What are some current and future hr issues in healthcare

What are some current and future HR issues in healthcare? how effective human resources management deal with these issues?

1 why is ethical misconduct more difficult to overcome than

1. Why is ethical misconduct more difficult to overcome than poor financial performance? 2. What are the three types of conditions to a contract that may exist? Explain each one. 3. With regard to the reluctant workers c ...

A system consists of 2 steps the first has a reliability of

A system consists of 2 steps. The first has a reliability of 0.94. The second has a reliability of 0.95. You consider the system reliability too low. You decide to add in a backup to step one. You add in a cheaper part w ...

Please provide the calucation on how you got the answer1

(Please provide the calucation on how you got the answer) 1. Units to be produced annually: 200,000 tins Direct labor: 1 hour per 100 tins Variable overhead costs per direct labor hour: Indirect materials $2.05 Indirect ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro