Question: You have collected the following data from your first weeks sales (your forecasts were based off of last weeks sales of walnut fudge brownies). Day

You have collected the following data from your first weeks sales (your forecasts were based off of last weeks sales of walnut fudge brownies).

Day Actual Demand Forecast Demand Error Squared Error Absolute Value Absolute Percent Error
M 96 90
Tu 90 94
W 94 92
Th 98 95
F 100 97
MSE = MAD = MAPE =

Looking back at your first week's sales, analyze quality (i.e., accuracy) of your forecasts.

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