Question: true or false 13. The mean absolute deviation (MAD) is used to measure bias. Page 7 of 8 14. The MPC system must be dynamic
true or false
13. The mean absolute deviation (MAD) is used to measure bias. Page 7 of 8 14. The MPC system must be dynamic as result of market, economic, technological, and organizational changes. Long-term or product-line forecast are more accurate than short-term and/or detailed forecast. The aggregate forecast must be consistent with the individual product forecasts. The whole must equal the sum of the parts Step by Step Solution
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