Question: b. Compute the MSE for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your onswers to 2 decimal

2 decimal ploces.) Two different forecasting techniques [F1 and F2l were used

to forecast demand for cases of botted water Actual dernand and the

b. Compute the MSE for each set of forecasts. Given your results, which forecast appears to be more accurate? (Round your onswers to 2 decimal ploces.) Two different forecasting techniques [F1 and F2l were used to forecast demand for cases of botted water Actual dernand and the two sets of forecasts are as follows Click here for the Excel Data File a. Compute MAD for each set of forecasts. Given your results, which forecast appears topbe more accurate? (Round your answers to 2 . decimal places.) c. In practice, either MAD or MSE would be employed to compute forecast errors. What factors might lead a manager to choose onerather than the other? d. Compute MAPE for each data set. Which forecast appears to be more accurate? (Round your intermediate calculations to 2 decimal places and and final answers to 2 decimal places.)

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