You have been forecasting sales the last four quarters. These forecasts and the true values that subsequently

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You have been forecasting sales the last four quarters. These forecasts and the true values that subsequently were obtained are shown below.

(a) Calculate MAD.
(b) Calculate MSE.

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Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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Question Posted: Sep 22, 2015 02:23 PM

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You have been forecasting sales the last four quarters. These forecasts and the true values that subsequently

Question:

Quarter Forecast True Value 327 332 328 330 345 317 336 311 2 4

Step by Step Answer:

Quarter Forecast 1 2 234 327 332 328 330 Tr...View the full answer

Introduction to Operations Research

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