Question: Please show to solve on paper or excel SkyWalker Net manufactures recreational trampolines. You are given the following monthly demand history for a popular family
SkyWalker Net manufactures recreational trampolines. You are given the following monthly demand history for a popular family of their trampolines along with the two sets of forecasts from two analytics consulting teams: Team Yoda and Team Vader. Calculate the mean absolute percent error (MAPE) over Period 1-5 for Team Vader's forecast. - Reflect on which of the two forecasts, Team Yoda or Team Vader, you would prefr based on the MAPE. Rounding instructions - Enter your answer as a percentage rounded to the nearest tenth of a percent (e.g. 0.1679 should be entered as 16.8). - Carry all calculations to 3 decimal places if necessary
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
