Question

Week 1 2 3 4 5 6 7 8 9 10 Rentals 18, 24, 33, 24,...

Week 1 2 3 4 5 6 7 8 9 10

Rentals 18, 24, 33, 24, 19, 17, 27, 32, 20, 15,

Week 6 25

week 7 23.25

week 8 21.75

week 9 23.75

week 10 24

week​ 11 23.5 ​

What is the mean absolute deviation at of the end of week 10?​(Enter your response rounded to two decimal​ places.)

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Answer #1

PERIOD

ACTUAL DEMAND

FORECAST

DEVIATIONS

ABSOLUTE DEVIATION

1

18

2

24

3

33

4

24

5

19

6

17

25

-8

8

7

27

23.25

3.75

3.75

8

32

21.75

10.25

10.25

9

20

24

-4

4

10

15

23.5

-8.5

8.5

SIGMA

34.5


MAD = SIGMA(ABS DEV) / N

MAD = 34.5 / 5 = 6.9

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