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Since May of 2005, the purchase manager at a department store has been using a 4-period moving average to forecast sales in upcoming months. Sales data for the months of January through July are given in the table below.
Month Sales Jan 65 Feb 65 Mar 41 Apr 50 May 63 Jun 38 Jul 72
Compute the mean absolute deviation (MAD) for the four-period moving average forecasts. The forecast values are calculated with an accuracy of two decimal digits. Specify the MAD as a whole number by rounding.
Explain the purpose of realistic and contrived tests as part of the installation of a new system. Both of these tests contribute to a critical activity prior to the changeover
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what is service concept?
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Assume that Z is made of two units of A and four units of B. A is made of three units of C and four of D. D is made of two units of E. Lead times for purchase or fabrication of ea
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