Solved

Table 109 -Use the Information in Table 10

Question 162

Multiple Choice

Table 10.9
 Quarter  Forecasted  Demand  (Units)   Actual  Demand  (Units)  18595255553704546075\begin{array} { | c | c | c | } \hline \text { Quarter } & \begin{array} { c } \text { Forecasted } \\\text { Demand } \\\text { (Units) }\end{array} & \begin{array} { c } \text { Actual } \\\text { Demand } \\\text { (Units) }\end{array} \\\hline 1 & 85 & 95 \\2 & 55 & 55 \\3 & 70 & 45 \\4 & 60 & 75 \\\hline\end{array}
-Use the information in Table 10.9.What is the mean absolute percent error for the data?


A) less than 5%
B) greater than or equal to 5%, but less than 13%
C) greater than or equal to 13%, but less than or equal to 18%
D) greater than 18%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions