Mary is a regional demand planner at The Home Depot. For the past 6 months she has
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Mary is a regional demand planner at The Home Depot. For the past 6 months she has been using three forecast methods to forecast sales for the hand tools product category. The table below shows actual sales and forecasts made using the three methods. At this point Mary is trying to figure out which two forecasting methods she should continue to use moving forward. 1. Calculate the forecast accuracy for each method using both MAD and MSE. Show your calculations. 2. Which two forecasting methods should Mary continue to use moving forward. Justify your answer.
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