Your manager has come to you with the following data, showing actual demand for five periods and forecast results for tw

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Your Manager Has Come To You With The Following Data Showing Actual Demand For Five Periods And Forecast Results For Tw 1 (72.82 KiB) Viewed 90 times

Your manager has come to you with the following data, showing actual demand for five periods and forecast results for two different models. Calculate the MFE, MAD, and MAPE for these models. Click the icon to view the time series data. The MFE value for the forecast Model 1 is The MAD value for the forecast Model 1 is The MAPE value for the forecast Model 1 is %. (Enter your response rounded to one decimal place.) The MFE value for the forecast Model 2 is The MAD value for the forecast Model 2 is More Info The MAPE value for the forecast Model 2 is %. (Enter your response rounded to one decimal place.) Period 8 9 10 11 12 Actual Demand (Enter your response rounded to one decimal place and include a minus sign if necessary.) (Enter your response rounded to one decimal place.) 227 343 428 270 440 Print (Enter your response rounded to one decimal place and include a minus sign if necessary.) (Enter your response rounded to one decimal place.) Forecast Model 1 357 278 350 403 364 Done Forecast Model 2 482 356 281 362 388 X