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Harry Thurber (HT) Apparel is comparing the accuracy of two methods that it has used to forecast monthly sales of its popular jeans. Forecasts
Harry Thurber (HT) Apparel is comparing the accuracy of two methods that it has used to forecast monthly sales of its popular jeans. Forecasts of monthly sales from January through May for method A and method B are shown below against the actual sale. Please present (1 MSE (Mean Squared Error) scores for Method A and B and (2).explain which method provided better forecast accuracy and why2 (4 points) Month Sales Method A Method B Jan 40 42 44 Feb 28 29 31 Mar 41 39 38 Apr 41 38 42 May 39 41 40
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Operations Management
Authors: R. Dan Reid, Nada R. Sanders
4th edition
9780470556702, 470325046, 470556706, 978-0470325049
