Question: Use the sales data given to make a forecast for sales from month 2 to month 1 1 using the simple forecasting method. Then calculate
Use the sales data given to make a forecast for sales from month to month using the simple forecasting method. Then calculate each of the following: MSE, MAD, tracking indicators at month s control limits What conclusions can be made when comparing the results of the simple forecasting method with the previous two techniques?
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