Question: Forecast Method 1 Actual Demand Forecast Method 2 Actual Demand Week Week 1 2 3 4 0.85 1.05 0.95 1.17 0.68 1.05 1.00 1.00 1

Forecast Method 1 Actual Demand Forecast Method 2

Forecast Method 1 Actual Demand Forecast Method 2 Actual Demand Week Week 1 2 3 4 0.85 1.05 0.95 1.17 0.68 1.05 1.00 1.00 1 2 3 4 0.77 1.19 0.92 1.15 0.68 1.05 1.00 1.00 The MAD for Method 1 = .098 thousand gallons (round your response to three decimal places). The mean squared error (MSE) for Method 1 = thousand gallons? (round your response to three decimal places)

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!