The measure of forecast error where the absolute amount of error of each forecast is averaged is
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The measure of forecast error where the absolute amount of error of each forecast is averaged is
mean squared error (MSE).
mean absolute deviation (MAD).
mean absolute percentage error (MAPE).
bias.
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Related Book For
Supply Chain Management Strategy Planning And Operation
ISBN: 9781292257891
7th Global Edition
Authors: Sunil Chopra
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