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The Sun Devils Corporation is deciding which of two forecasting models to use. The forecasts for the two models and actual demand are provided below:
The Sun Devils Corporation is deciding which of two forecasting models to use. The forecasts for the two models and actual demand are provided below:
MODEL MODEL
tableMONTHSALES,FORECASTFORECAST
Compute the MAD, MAPE, and RSFE for the two forecasting methods. Do not round intermediate calculations. Round your answers for the MAD and MAPE to two decimal places and for the RSFE to the nearest whole number. Use a minus sign to enter a negative value, if any.
tableAccuracy measure,Model Model MADMAPE
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