Question: Develop a last period forecast for periods 2 through 11. Calculate the MFE, MAD, and MAPE values for periods 2 through 10. Is this a

Develop a last period forecast for periods 2 through 11. Calculate the MFE, MAD, and MAPE values for periods 2 through 10. Is this a good model? Why?
PERIOD DEMAND
1............ 221
2............ 247
3............ 228
4............ 233
5............ 240
6............ 152
7............ 163
8............ 155
9............ 167
10............ 158

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