provide step by step solution.

Assume that you are given all 4 error metrics (MAE, MAPE, MSE, and TS) for two forecasting methods, current method you use and an alternative one. A. As a manager, which method would you prefer if you want to avoid 'extreme' forecasting errors? Briefly indicate which error measure you focus on in this case. B. Which method would you choose if you are mainly concerned about bias? Briefly indicate which error measure you focus on in this case. C. Which method would you choose if you aim to minimize the relative deviation from actual values? Briefly indicate which error measure you focus on in this case