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W Enterprises manufacturs plastic parts for the automotive industry. Its sales (in thousands of dollars) for 2012Q1 through 2016Q4 are as follows: Period Sales Mar-12

W Enterprises manufacturs plastic parts for the automotive industry. Its sales (in thousands of dollars) for 2012Q1 through 2016Q4 are as follows:

Period Sales
Mar-12 3,816.5
Jun-12 3,916.7
Sep-12 3,978.8
Dec-12 4,046.6
Mar-13 4,119.1
Jun-13 4,169.4
Sep-13 4,193.0
Dec-13 4,216.4
Mar-14 4,238.1
Jun-14 4,270.5
Sep-14 4,321.8
Dec-14 4,349.5
Mar-15 4,406.4
Jun-15 4,394.6
Sep-15 4,422.3
Dec-15 4,430.8
Mar-16 4,463.9
Jun-16 4,517.8
Sep-16 4,563.6
Dec-16 4,633.0
Mar-17
Jun-17
Sep-17
Dec-17

Given that actual sales for the four quarters of 2017 are:

2017Q1 4667.1
2017Q2 4710.3
2017Q3 4738.7
2017Q4 4789.0

Question:

Calculate the MAPE for this forecast model in the historical period (2012Q1 - 2016Q4) as well as for the forecast horizon (2017Q1 - 2017Q4). Which of these measures accuracy and which measures fit?

Thank you

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