Question: Problem 3-22 (Algo) Two Independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 months The forecasts

Problem 3-22 (Algo) Two Independent methods of
Problem 3-22 (Algo) Two Independent methods of
Problem 3-22 (Algo) 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: Forecast Forecast 2 010 790 5 6 840 835 105 785 765 330 770 345 785 805 010 795 795 705 815 300 785 310 330 100 345 790 781 780 25 005 355 3 10 a. Compute the MSE and MAD for each forecast. (Round your answers to 2 decimal places.) ME MAD Forecast Forecast 2 b. Compute MAPE for each forecast. (Round your intermediate calculations to 5 decimal places and final answers to 4 decimal places.) MAPEF MACP2 a. Compute the MSE and MAD for each forecast. (Round your answers to 2 decimal places.) MSE MAD Forecast Forecast 2 b. Compute MAPE for each forecast. (Round your intermediate calculations to 5 decimal places and final answers to 4 decimal places.) MAPE FI MAPE F2 % c. Prepare a naive forecast for periods 2 through 11 using the given sales data, Compute each of the following: (I) MSE. (2) MAD, (3) tracking signal at month 10, and (4) 2s control limits. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) MSE MAD Tracking signal Controllimis 0+

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