Question: Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 monthis. The forecasts and actual sales

been prepared each month for the past 10 monthis. The forecasts and

Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 monthis. The forecasts and actual sales ore as follows a. Compute the MSE and MAD for each forecast. (Round your answers to 2 decimal places.) b. Compute MAPE for each forecast. (Round your intermediate calculations to 5 decimal places and final answers to 4 decimal places.) c. Prepare a naive forecast for periods 2 through 11 using the given sales data, Compute each of the following: (1) MSE, (2) MAD, (3) tracking signal at month 10, and (4) 2s control limits. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.) c. Prepare a naive forecast for periods 2 through 11 using the given sales data. Compute each of the following; (1) MSE, (2) MAD, (3) tracking signal at month 10, and (4) 2s control limits. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)

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