Question: 1 2 . Given forecast errors of 3 , 7 , 5 , and 5 , what is the MAD? What is the MSE? What

12. Given forecast errors of 3,7,5, and 5, what is the MAD? What is the MSE? What is the tracking signal?
13. Given forecast errors of 9,3,35, and 0 when actual values were 100,125,250, and 120, what is the mean absolute percent error?
14. Given a forecast of 2,220 and an actual outcome of 1,850, what is the error in the forecast? What is the percent error?
15. Given an actual demand of 27 this period, a predicted value of 36 this period, and an alpha of 0.3, what would be the simple exponential smoothing forecast for the next period?

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