Mean Absolute Deviation (MAD) is a good metric of forecast accuracy because it shows whether a forecast is above or below actual demand.
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Q8: A weighted moving average assigns higher weights
Q9: Phantom demand is created by over-ordering during
Q11: Collaborative planning, forecasting, and replenishment (CPFR) has
Q12: Adjusting a forecast for seasons basically uses
Q14: Forecasting has become extremely accurate, especially since
Q15: Which of the following does a forecast
Q15: Demand management includes:
A) flows of products.
B) flows
Q18: The term functional silos refers to:
A) product
Q19: Bias measures how accurate the forecast is
Q20: Materials management and physical supply are terms
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