Question: Problem 514808: Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As

Problem 514808: Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. Consider the following data. We want to monitor the forecasts.

Period	Demand	Forecasts
1	264	--
2	257	264
3	286	257
4	297	286
5	316	297

Calculate the UCL and LCL for the appropriate control chart to control magnitude of errors? overall MSE: UCL: LCL: Are forecast errors in control? (Yes/No)

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