1. A specific forecasting model was used to forecast demand for a product. The forecasts and the corresponding demand that subsequently occurred are shown below. Use MAD, MSE, and MAPE to evaluate the accuracy of the forecasting model. Forecast Period (A-F) (A) (F) Error Error [[Error]/Actual]x100 Actual Error 700 660 2 760 840 3 780 750 4 790 835 solutionspile.com

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1. A specific forecasting model was used to forecast demand for a product. The forecasts and the corresponding demand that subsequently occurred are shown below. Use MAD, MSE, and MAPE to evaluate the accuracy of the forecasting model. Forecast Period (A-F) (A) (F) Error Error [[Error]/Actual]x100 Actual Error 700 660 2 760 840 3 780 750 4 790 835 5 850 910 6 950 890 Sum n = n-1 = na MAD MSE MAPE  solutionspile.com

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