Aztec Industries has developed a forecasting model that was used to forecast during a 10-month period. The forecasts and actual demand were as follows: 11eb768c_7545_7fed_8bc3_2723c1b918c7_SM2693_00 Measure the accuracy of the forecast by using MAD , MAPD , and cumulative error. Does the forecast method appear to be accurate

Introduction to Management Science 12th Edition by Bernard Taylor

النسخة 12الرقم المعياري الدولي: 978-0133778847

Introduction to Management Science 12th Edition by Bernard Taylor

النسخة 12الرقم المعياري الدولي: 978-0133778847

تمرين 22

Aztec Industries has developed a forecasting model that was used to forecast during a 10-month period. The forecasts and actual demand were as follows:

Measure the accuracy of the forecast by using MAD , MAPD , and cumulative error. Does the forecast method appear to be accurate

التوضيح

موثّق

Mean Absolute Deviation Error
The Mean ...