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Worksheet table 11/13/20, 5:12 AM Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of forecasted

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Worksheet table 11/13/20, 5:12 AM Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of forecasted sales, on a rolling basis, for the months January through June, inclusive. (Hint: There will be only one forecasted number for January-this is the forecast done in December. For February, there will be two forecasts: one done in December and a second done in January. For June, there will be six forecasts, one done in each of the preceding six months.) Month of Forecast for Month of Forecast January February March April May June December 106 101 108 113 120 128 January 96 108 108 110 123 February 103 108 105 123 March 108 100 113 April 90 108 May 108Complete this question by entering your answers in the tabs below. Required 1 Required 2 For each of the months March through June, determine the 3-month forecast error rate, defined as 1 minus the absolute percentage error. For example, the forecast error rate for March's sales is found by dividing the absolute value of the forecast error for this month by the actual sales volume for the month. The forecast error for any month (e.g., March) is defined as the difference between the actual sales volume for the month and the sales volume for that month forecasted 3 months earlier (e.g., December). Also, indicate for each month whether the actual sales volume was above or below the forecasted volume generated three months earlier. (Round "Forecast error rate" answers to 2 decimal places. For example, 23.423% = 23.42%.) Show less A January February March April May June Actual sales 108 96 111 104 117 132 Forecast error rate % % Direction of error

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