Consider Following Demand Profile Forecast Errors Model M1 Compute Control Limits Control Q34725303

Consider the following demand profileand the forecast errors for model M1. Compute the control limitsfor the control chart for the forecast errors. (5 points–show work).

Month

1

2

3

4

Demand

200

400

900

1200

M1 Forecast Error

+20

-32

-9

+24