Question: QUESTION 3 Mean error and mean percent error are a useful measures of forecast error because they: a. Amplify errors to make them more visible

QUESTION 3 Mean error and mean percent error are

QUESTION 3 Mean error and mean percent error are a useful measures of forecast error because they: a. Amplify errors to make them more visible Ob. Reduce noise from random variation c. Prevent cancellation of positive and negative errors d. None of these QUESTION 4 Which of the following does not describe demand (sales) forecast? O a. A projection into the future of expected demand given a stated set of environmental conditions b. NOT an operational plan OC. NOT a sales target d. All of the above describe demand forecasts

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