The measure of forecast error where the average absolute error of each forecast is shown as a
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The measure of forecast error where the average absolute error of each forecast is shown as a percentage of demand is mean squared error (MSE).
bias.
mean absolute percentage error (MAPE).
the tracking signal.
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Related Book For
Supply Chain Management Strategy Planning And Operation
ISBN: 9781292257891
7th Global Edition
Authors: Sunil Chopra
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