Question: Problem 4. 2 3 (page 14 2 in the text)

1. Sales of vegetable dehydrators at Bus discount department store. Management prepared a forecast using a combination of exponential smoothing and its collective judgement for the 4 months. (March,April, May, and June of 2010);

   Month	09-10 Unit Sales	Mngmt Forecast
   July	100
   August	93
   September	96
   October	110
   November	124
   December	119
   January	92
   February	83
   March	101	120
   April	96	114
   May	89	110
   June	108	108

   1. Compute MAD and MAPE for managements technique.
   2. Do managments results outperform a naïve forecast?
   3. Which forecast do you recommend based on lower forecast error

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