Question: An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: YEAR QUANTITY SOLD Four years

An operation analyst is forecasting this year's

An operation analyst is forecasting this year's demand for one of his company's products based on the following historical data: YEAR QUANTITY SOLD Four years ago 10,000 Three years ago 12.000 Two years ago 18,000 20.000 The previous trend line had predicted 18,500 for two years ago, and 19,700 for last year. What was the mean absolute percent error (MAPE) for these forecasts? Last year

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