Question: Please write the formulas in Excel and show the steps 2) Therano a healthcare company, has collected the following sales data. a) Forecast for the

Please write the formulas in Excel and show the

Please write the formulas in Excel and show the steps

2) Therano a healthcare company, has collected the following sales data. a) Forecast for the month of July using Nave method. Calculate MAD \& MSE. b) Forecast for the month of May using 3-month moving average. Calculate MAD \& MSE Assume that the base value at the end of month 2 was 125 and the trend value was 10. Using =0.2 and =0.4, answer the following questions. c) What is the forecast for month of May made at the end of April? d) What is the forecast for July made as of the end of June? e) What is the forecast for August made as of the end of July? f) Which of these forecasts do you prefer and why? 2) Therano a healthcare company, has collected the following sales data. a) Forecast for the month of July using Nave method. Calculate MAD \& MSE. b) Forecast for the month of May using 3-month moving average. Calculate MAD \& MSE Assume that the base value at the end of month 2 was 125 and the trend value was 10. Using =0.2 and =0.4, answer the following questions. c) What is the forecast for month of May made at the end of April? d) What is the forecast for July made as of the end of June? e) What is the forecast for August made as of the end of July? f) Which of these forecasts do you prefer and why

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