Question: Problem 3: Forecast Accuracy (6 points) Use the following forecast and actuals to answer the questions below. Month 1 2 Actual Demand 1582 1986 2258

Problem 3: Forecast Accuracy (6 points) Use the

Problem 3: Forecast Accuracy (6 points) Use the following forecast and actuals to answer the questions below. Month 1 2 Actual Demand 1582 1986 2258 2967 3894 Forecasted Demand 1200 1400 2500 3600 4100 4 5 a) What is the MAPE for this forecast? (2 points) b) What is the tracking signal for each month? (4 points)

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