Question: HELP! a-c! Two independent methods of forecasting based on judgment and experience have been prepared each month for the post mort The forecasts and actual
HELP! a-c!
Two independent methods of forecasting based on judgment and experience have been prepared each month for the post mort The forecasts and actual sales are as follows: Sales Month 1 2 3 4 5 6 7 B 9 10 B35 845 820 835 795 830 790 855 840 860 Torecast 1 B30 815 800 830 810 B10 775 800 820 825 Forecast 2 BOS B30 B50 BOO 780 806 B10 835 800 800 a. Compute the MSE and MAD for each forecast. (Round your answers to 2 decimal places.) MSE MAD Forecast 1 Forecast 2 b. Compute MAPE for each forecast. (Round your intermediate calculations to 5 decimal places and fine answers to 4 decimal places.) b. Compute MAPE for each forecast (Round your intermediate calculations to 5 decimal places and final awwers to add places.) MAPE F1 MAPE F2 % % c. Prepare a naive forecast for periods 2 through 11 using the given soles data. Compute each of the following: (MSE, MAD, tracking signal at month 10, and (4) 2s control limits. (Negative values should be indicated by a minus sign. Round your aww to 2 decimal places.) MSE MAD Tracking signal Control limits 0+

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