Question: mi Saved Help Save & Exit Submit Two independent methods of forecasting based on judgment and experience have been prepared each month for the past

mi Saved Help Save & Exit Submit Two independent
mi Saved Help Save & Exit Submit Two independent
mi Saved Help Save & Exit Submit Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 months. The forecasts and actual sales are as follows: Month 1 2. 3 4 5 6 7 9 10 Sales 830 845 BOS 785 795 845 780 835 810 790 Forecast 1 820 825 825 790 805 805 765 815 780 850 Forecast 2 770 805 805 815 780 806 785 770 825 es 795 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 final answers to 4 decimal places.) MAPE 71 MAPE P2 MSE MAD Forecast 1 Forecast 2 b. Compute MAPE for each forecast. (Round your intermediate calculations to 5 decimal places and final answers to 4 decimal places.) MAPE F1 MAPE F2 c. Prepare a naive forecast for periods 2 through 11 using the given sales data. Compute each of the following: (1) MSE, (2) MAD, (3) tracking signal at month 10, and (4) 2s control limits. (Round your answers to 2 decimal places.) MSE MAD Tracking signal Control limits 0 t

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