The forecasts generated by 2 forecasting methods and actual, Operation Management

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The forecasts generated by 2 forecasting methods and actual

The forecasts generated by 2 forecasting methods and actual sales are as follows: Month Actual Forecast 1 Forecast 2 1 269 275 268 2 289 266 287 3 294 290 292 4 278 284 298 5 268 270 274 6 269 268 270 7 260 261 259 8 275 271 275 a. Compute the MAD, MAPE, MSE, RSFE and Tracking Signal for each forecasting method.

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Operation Management: The forecasts generated by 2 forecasting methods and actual

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