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25. Three different forecasting models have produced the following forecast errors: Period Model 1 Forecast Error Model 2 Forecast Error Model 3 Forecast Error January
25. Three different forecasting models have produced the following forecast errors: Period Model 1 Forecast Error Model 2 Forecast Error Model 3 Forecast Error January 110 150 -100 February -115 105 125 March -120 -125 160 April 115 -130 -80 May 125 -90 110 Using MAD, which forecasting model should be chosen? a) Model 1 b) Model 2 c) Model 3 d) impossible to tell without the demand data
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