Question: A particular forecasting model was used to forecast a six-month period. Here are the forecasts and the actual demand that resulted: Forecast Actual April 250

  1. A particular forecasting model was used to forecast a six-month period. Here are the forecasts and the actual demand that resulted:

Forecast

Actual

April

250

200

May

325

250

June

400

325

July

350

300

August

375

325

September

450

400

Find the MAD, MSE, and MAPE and state whether you think the model being used is giving acceptable answers

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