Question: The forecasts generated by three forecasting methods and actual demand for the Torrance Company are as follows: Compute the MSE and MAD for each forecasting

 The forecasts generated by three forecasting methods and actual demand for

The forecasts generated by three forecasting methods and actual demand for the Torrance Company are as follows: Compute the MSE and MAD for each forecasting method. Which forecasting method is the best? Would your decision on which forecasting method performs better depenc on which forecasting accuracy measure (MAD or MSE) is selected

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