Question: The Green Lantern is employed as a forecasting analyst at green bulbs... 3-Given the data below: (5 Points) MONTH FORECAST (F) BIAS MAD ACTUAL DEMAND

The Green Lantern is employed as a forecasting analyst at green bulbs...

3-Given the data below: (5 Points) MONTH FORECAST (F) BIAS MAD ACTUAL DEMAND (AD) 500 October 440 November 450 475 December 550 480 January 625 575 February 725 777 March 750 685 = 3.a) Calculate the MAD Error (2.5 PTS) 3.b) Calculate the BIAS Error. (2.5 PTS)

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