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problem 22 consider the following forecast results caloulate mfe mad...

Question: problem 22 consider the following forecast results caloulate mfe mad...

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Problem 22 Consider the following forecast results. Caloulate MFE, MAD, and MAPE, using the data for the months January through June. Does the forecast model under- or overforecast? Actual Forecast Month Demand January February March 968 1,091 1,089 1,063 1,054 898 1,029 1,113 June 1,013 1.100 The MFE slag (Enter your response rounded to one decimal place and include The MAD is(Enter your response rounded to one decimal place,) a minus sign if necessary)

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