Question: 1. Create a scatter plot for demand data and forecasting. What can you conclude from the graph! 2. Calculate MFE, MAD, and Tracking Signal. Explain

1. Create a scatter plot for demand data and

1. Create a scatter plot for demand data and forecasting. What can you conclude from the graph! 2. Calculate MFE, MAD, and Tracking Signal. Explain the meaning!

Quarter I Quarter II Quarter III Quarter IV 2001 Forecast Demand 200 226 320 310 145 153 230 212 2002 Forecast Demand 210 218 315 333 140 122 240 231

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