If you are constructing a forecast of demand for next period based on historical data and you
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If you are constructing a forecast of demand for next period based on historical data and you calculate the mean and +/- 1 std deviation. How likely is the actual demand for next period going to be within that range?
Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
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