Question: Production and operation management subject. Please answer with step by step solution. Thank you c) Asimo Industries had developed a forecasting model that was used

Production and operation management subject.

Production and operation management subject. Please answer with step by step solution. Thank you

c) Asimo Industries had developed a forecasting model that was used to forecast the demand for their new robotic control system during a 10-month period. The forecasts and actual demand are as follows: (10 marks) Month 1 2 3 5 6 7 8 9 10 Actual Demand 160 150 175 195 210 220 205 212 203 220 Forecast Demand 170 160 143 180 183 192 200 204 207 207 Measure the accuracy of the forecast using MAD, MAPD and cumulative error. Explain the accuracy of the forecast

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