Question: asap Que Mean Absolute Deviation is a simple way to measure the forecast error. This is how it works: Not Mark Fla O a. It

asap Que Mean Absolute Deviation is a simple way

asap

Que Mean Absolute Deviation is a simple way to measure the forecast error. This is how it works: Not Mark Fla O a. It only works when there is a consistent over-achievement or under- achievement over a period of time O b. It eliminates the impact of the +ve and -ve signs by considering the absolute value of each error . It compares the cumulative forecast to the cumulative actuals and calculates the error by measuring the difference between the 2 cumulative numbers O d. All of the options Oe. It divides the actual over forecast to determine the error

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!