Question: Question 4 What is RMSE when forecasting demand in a supply chain? A measure of how well the actual demand matches the forecasted demand, with
Question
What is RMSE when forecasting demand in a supply chain?
A measure of how well the actual demand matches the forecasted demand, with lower values
indicating better accuracy.
A measure of how well the actual demand matches the forecasted demand, with high values
indicating better accuracy.
A measure for the expected value of demand, with higher values indicating higher demand.
The total cost incurred when demand exceeds supply due to inaccurate forecasting.
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