Question: Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 1 0 months. The forecasts and actual

Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 months. The forecasts and actual sales are as follows:
Month Sales Forecast 1 Forecast 2
1840835805
2840815815
3825830840
4855825830
5775790785
6840810796
7800785765
8845815840
9780825830
10840810825
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.)

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