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

With the information in the table below determine a logical

With the information in the table below, determine a logical breakdown for an ABC classification based on cost*volume. Be sure to "CLEARLY" show which parts are "A", "B", or "C's" by list below or off on the right of tab ...

Assignment performance managementyou are the hr manager for

Assignment: Performance Management You are the HR manager for an upscale retail store which sells clothing, shoes, handbags, and other accessories. Due to the economic downturn, the company has experienced a significant ...

You are the general manager at the city center hotel sarah

you are the general manager at the city center hotel. sarah is a new manager in your housekeeping department. she is aware that your hotel has a collective bargaining agreement with a union. sarah decides to revamp the w ...

1 which of the following statements is true of sample size

1. Which of the following statements is true of sample size formulas for nonprobability samples? A. The sample size formula must be adjusted for confidence level before it can be used for nonprobability samples. B. The s ...

You are the manager of a local bank where three tellers

You are the manager of a local bank where three tellers provide services to customers. On? average, each teller takes three minutes to serve a customer. Customers? arrive, on? average, at a rate of 40 per hour. Having re ...

Flexible benefit plans are common todaydiscuss the ways in

Flexible benefit plans are common today. Discuss the ways in which a global employer can ensure their employees make good choices about the benefits they choose within the benefits information system. Explain how an orga ...

What are some reasons for resistance to change evaluate

What are some reasons for resistance to change? Evaluate three (3) communication strategies.

Read case study 31the keflavik paper company is a case with

Read Case Study 3.1 The Keflavik Paper Company is a case with a problem in determining a project management process for new product development. Answer the following questions: What does this case demonstrate about the e ...

Identify and explain three benefits of decentralized

Identify and explain three benefits of decentralized decision making. discuss how these benefits might create strategic an or operational difficulties.

Jack has worked for many years as an operations manager in

Jack has worked for many years as an operations manager in the manufacturing division of his company. Today however, his manager has advised that his new job will be an operations manager in the company's Theme Park divi ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen