Question: Temco Industries has developed a forecasting model that was used to forecast during a ten-month period. The forecasts and actual demand are shown as follows:

Temco Industries has developed a forecasting model that was used to forecast during a ten-month period. The forecasts and actual demand are shown as follows:

Measure the accuracy of the forecast using MAD, MAPD, and cumulative error. Does the forecast method appear to beaccurate?

D 170 5 7 6 3 6 3473 The 60 150 75 200 90 220 105 10 200 220 234567891

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