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A company has developed a forecast using the Delphi method for January through June 1. Using the...

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Basic Math

A company has developed a forecast using the Delphi method forJanuary through June

1. Using the data provided, what is the Mean Absolute Deviationfor the forecast method?

2. Using the data provided, what is the MAPD?

Month

Demand

Forecast

January

232

234

February

225

222

March

239

240

April

260

261

May

234

231

June

260

262

Answer & Explanation Solved by verified expert
3.7 Ratings (679 Votes)
Lets do calculation in excelError Actual value Forecast value1 Using the data    See Answer
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