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E 5 Given the following and assuming ACTUALS for Nov-100 & Dec=90. A) What forecasting approach was used in Method A? B) What forecasting approach
E 5 Given the following and assuming ACTUALS for Nov-100 & Dec=90. A) What forecasting approach was used in Method "A"? B) What forecasting approach was used in Method "B"? C) What are the MAD, MSE, and MAPE for Method "B" (for Jan thru May)? FORECAST METHOD MONTH ACTUAL "A" "B" JAN 94 90 95 FEB 110 94 92 MAR 106 110 102 APR 100 106 108 MAY 112 100 103
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