Question: The realized demand values A and forecast values F, for periods t=1,2,3,4,5 are provided in the table below. + A F 1 751 751 2

The realized demand values A and forecast values
The realized demand values A and forecast values F, for periods t=1,2,3,4,5 are provided in the table below. + A F 1 751 751 2 741 751 3 728 749 4 773 745 5 718 751 Round only the final measure of forecast accuracy to two decimals. The cumulative sum of the forecast errors (CSE) is -36 (Round to two decimals.) The mean absolute deviation value (MAD) is 18 (Round to two decimals.) The mean squared error value (MSE) is 483 (Round to two decimals.) The mean absolute percent error value (MAPE) is 3 (Round to two decimals.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!