Question: answer with formulas for excel 2. The Forever Young Cosmetics Company used forecast model 2 to forecast demand for a different product. Eight weeks of

answer with formulas for excel

2. The Forever Young Cosmetics Company used forecast model 2 to forecast demand for a different product. Eight weeks of actual data and forecast data are shown below. WEEK DEMAND FORECAST WEEK DEMAND 1 5 136 151 150 160 165 150 BON FORECAST 150 160 165 160 127 183 172 158 185 7 8 144 a. Calculate the MAD based on these 8 weeks of data. b. Calculate the MSE based on these 8 weeks of data. n i af the man helt nerrentage error does it annear that the fore . a

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