I 210 218 8 1.08 8 1.04 226.80 II 315 333 18 1.01 18 1.06 318.15 III 140 122 18 0.96 -18 0.87 134.40 IV 240 231 9 0.94 -9 0.96 225.60 What is the MAD for the data above? MAD 8. Consider the forecast results shown below. Calculate MAD and MFE using the data for months January through June. Does the forecast model under- or Month Actual Demand Forecast January 1040 1055 February 990 1052 980 900 April 1060 1025 May 1080 1100 June 1000 1050 Absolute Month Actual Demand Forecast Deviation Deviation January 1040 1055 -15 15 February 990 1052 -62 62 980 900 80 80 April 1060 1025 35 35 May 1080 1100 -20 20 June 1000 1050 -50 50 -32 262 MFE MAD
I 210 218 8 8 1.04 1.08 226.80 II 315 333 18 18 1.06 1.01 318.15 III 140 122 -18 18 0.87 0.96 134.40 IV 240 231 -9 9 0.96 0.94 225.60 What is the MAD for the data above? MAD 8. Consider the forecast results shown below. Calculate MAD and MFE using the data for months January through June. Does the forecast model under- or Month Actual Demand Forecast January 1040 1055 February 990 1052 980 900 April 1060 1025 May 1080 1100 June 1000 1050 Month Actual Demand Forecast Deviation Absolute Deviation January 1040 1055 -15 15 February 990 1052 -62 62 980 900 80 80 April 1060 1025 35 35 May 1080 1100 -20 20 June 1000 1050 -50 50 -32 262 MFE MAD