Question: Based on the below information, what are the MFE, MAD and MAPE values? Note: For the period 04 forecast, use a three period moving average.

Based on the below information, what are the MFE,

Based on the below information, what are the MFE, MAD and MAPE values? Note: For the period 04 forecast, use a three period moving average. Forecast FE Month ABS FE Demand ABS Perc. Error 01 214 02 180 180 03 225 300 04 246 MFE MAD MAPE O MFE = -18.44 / MAD = 44.89 / MAPE = 20.19% MFE = 17 / MAD = 43 / MAPE = 23% MFE = -13 / MAD = 48 / MAPE = 19% O MFE = -11.78 / MAD = 38.22 / MAPE = 16.49%

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