Question: Problem 3 - 2 1 ( Algo ) Two different forecasting techniques ( F 1 and F 2 ) were used to forecast demand for
Problem Algo
Two different forecasting techniques and were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows:
tablePREDICTED DEMANDPeriodDemand,FF
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a Compute MAD for each set of forecasts. Given your results, which forecast appears to be more accurate? Round your answers to decimal places.
Answer is not complete.
tableMAD FMAD F
Answer is complete and correct.
F
appears to be more accurate.
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