Trend projection to forecast the demand

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Reference no: EM133606197

Question 1: Use the trend projection to forecast the demand for the next two months.

Question 2: What are the values of MAD, MAPE, MSE, and TS for the trend projection?

Question 3: The management team had been using collective judgment to prepare the forecast for the past 12 months. The management's forecasts are shown in the following table. What are the values of MAD, MAPE, MSE, and TS for the management's forecasts?

Reference no: EM133606197

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