
Introduction to Management Science 12th Edition by Bernard Taylor
Edition 12ISBN: 978-0133778847
Introduction to Management Science 12th Edition by Bernard Taylor
Edition 12ISBN: 978-0133778847 Exercise 22
Aztec Industries has developed a forecasting model that was used to forecast during a 10-month period. The forecasts and actual demand were as follows:
Measure the accuracy of the forecast by using MAD , MAPD , and cumulative error. Does the forecast method appear to be accurate

Explanation
Mean Absolute Deviation Error
The Mean ...
Introduction to Management Science 12th Edition by Bernard Taylor
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