Question: 1 . Period Actual demand Forecast demand Error Absolute value 1 8 0 0 1 1 0 0 - 3 0 0 3 0 0

1.
Period
Actual demand
Forecast demand
Error
Absolute value
1
800
1100
-300
300
300
2
1100
900
200
200
200
3
1400
1200
200
200
200
The Mean Absolute Percentage Error (MAPE) is approximately
a.20%
b.21.21%
c.24.95%
d.27.50%

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