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Forecasting Simulation The Mission You have taken up the role of an Operations Consultant and just signed a 2 year contract with a new client,
Forecasting Simulation The Mission You have taken up the role of an Operations Consultant and just signed a 2 year contract with a new client, PetroPlex, which is a gas station in your area. As part of your role, you will provide monthly forecasts for PetroPlex to match customer demand. PetroPlex sells 3 types of gas - Regular, Midgrade and Premium. You will need to provide accurate forecasts of the demand for the three types of gasoline at the beginning of each month.Your performance will be based on the collective Mean Average Percentage Error (MAPE) of the three types of gas. The final MAPE value should be less than 25%
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