Question: Two different forecasting techniques were used to forecast demand for cases of bottled water in a store. Actual demand and the two sets of forecasts

Two different forecasting techniques were used to forecast demand for cases of bottled water in a store. Actual demand and the two sets of forecasts for seven periods are as follows: Period 1 2 3 4 5 6 7 F1 F2 Demand 66 6 3 70 72 7 70 73 (Click to select) # 73 F1 F2 67 Forecast Demand F1 69 69 70 70 71 71 71 2681 69 77 71 F2 71 67 a-1. Calculate the MAD for each set of forecasts. (Round the final answers to 2 decimal places.) 67 72 a-2. Which technique appears to be more accurate? b-1. Calculate the MSE for each set of forecasts. (Round the final answers to 2 decimal places.) d F2) foreca analysis ere... foreca te demanc es (F1 sed to fc
 Two different forecasting techniques were used to forecast demand for cases

Two different forecasting techniques were used to forecast demand for cases of bottled water in a store. Actual demand and the two sets of forecasts for seven periods are as follows: a-1. Calculate the MAD for each set of forecasts. (Round the final answers to 2 decimal places.) a-2. Which technique appears to be more atsurate? b-1. Calculate the MSE for each set of forecasts. (Round the final answers to 2 decimal places.)

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