Periodic actual demand for a product over the last 6 periods along with some forecast values...
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Periodic actual demand for a product over the last 6 periods along with some forecast values are given in the table below. Compute the mean squared error, MSE. Do not round results. Period 1 2 23456 4 Actual Forecast 199 182 217 207 216 216 Mean Squared Error = 207.0 202.5 202.5 Periodic actual demand for a product over the last 6 periods along with some forecast values are given in the table below. Compute the mean squared error, MSE. Do not round results. Period 1 2 23456 4 Actual Forecast 199 182 217 207 216 216 Mean Squared Error = 207.0 202.5 202.5
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Mean squared error 6075 In statistics the mean squared error or mean squared deviation of an esti... View the full answer
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Posted Date:
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