The forecasts generated by two forecasting methods and actual sales are as follows: MONTH SALES FORECAST 1
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The forecasts generated by two forecasting methods and actual sales are as follows:
MONTH SALES FORECAST 1 FORECAST 2 1 269 275 268 2 289 266 287 3 294 290 292 4 278 284 298 5 268 270 274 6 269 268 270 7 260 261 259 8 275 271 275 Compute the MSE, the MAD, the MAPE, the RSFE and the tracking signal for each forecasting method. Which method is better? Why?
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Related Book For 
Principles Of Supply Chain Management A Balanced Approach
ISBN: 9780538475464
3rd Edition
Authors: Joel D. Wisner, Keah-Choon Tan, G. Keong Leong
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