Question: Management has noted that, on average, forecast 1 is 0 . 6 7 units above average demand and forecast 2 is 0 . 6 7

Management has noted that, on average, forecast 1 is 0.67 units above average demand and forecast 2 is 0.67 units below average demandso both forecasts perform comparably and it doesnt matter which method is used going forward. Is managements assessment correct? Why or why not? If no, then provide a more accurate evaluation of the forecasting methods.

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