Question: 1). Use the following data to calculate the MAPD of the forecasts. Period Demand Forecasts 1 256 -- 2 270 245 3 248 245 4

1). Use the following data to calculate the MAPD of the forecasts. Period Demand Forecasts 1 256 -- 2 270 245 3 248 245 4 265 256 5 244 243

Keep two decimal places in your calculations.

Period AbsolutePercentage Errors 1 -- 2 ? 3 ? 4 ? 5 ?

Calculate the mean absolute percentage deviation (MAPD) of the forecasts------------

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