Question: Two different forecasting techniques ( F1 and F2 ) were used to forecast demand for cases of bottled water. Actual demand and the two sets

Two different forecasting techniques ( F1 and F2 ) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: Click heie for the Excel Data File 0. Compute MAD for each set of forecasts. Given your resuls, which fotecast appears to be more accurate? (Round your answers to 2 . decimal places.) Answer is complete and correct. b. Compute the MSE for each jes of forecnsts. Given your results, which forecast appears to be more accurate? (Round your answers to 2 decimat ploces.) b. Compute the MSE for each set of forecasts. Given your resuls, Which forecast appears to be more accurate? (Round your answers to 2 declinal places.) Answer is complete and correct. c. In practice, either MAD or MSE would be employed to compate forecost ecrors. What factors might lead o manager to choose one. rather than the other? Answer is complete and correct. d. Compute MAPE for each data set. Which forecast appears to be more accurate? (Aound your intermediate caiculations to 2 decimol pleces and and final answers to 2 decinal pleces.)
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