A company has actual unit demand for five consecutive years of 100, 105, 135, 145, and 150. The respective forecasts were 110 fo
1 answer:
Answer:
Option A) 23
Step-by-step explanation:
We are given the following data in the question:
100, 105, 135, 145, 150
The respective forecasts were 110 for all five years.
We have to calculate MAD value.
Deviations = 10, 5, 25, 35, 40
Sum of Deviations = 10+5+25+35+40 = 115
MAD =
Thus, the correct answer is
Option A) 23
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