Question: 1. The absolute errors for a 6-week time span are shown as follows. Week Sales Abs. Error 1 100 2 2 90 2 3 98
1. The absolute errors for a 6-week time span are shown as follows.
| Week | Sales | Abs. Error |
| 1 | 100 | 2 |
| 2 | 90 | 2 |
| 3 | 98 | 10 |
| 4 | 110 | 6 |
| 5 | 110 | 3 |
| 6 | 55 | 2 |
Calculate the MAPE over this 6-week time span.
2. In a continuous-review inventory system, the inventory level is checked every fixed period of time.
Question 2 options:
| True | |
| False |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
