Multiple Choice
The formula for the forecast error, is calculated by using the equation:
A) Actual demand for period t minus the forecasted demand for period t
B) Actual demand for period t divided by the forecasted demand for period t
C) Actual demand for period t plus the forecasted demand for period t
D) The average of Actual demand for period t and forecasted demand for period t
Correct Answer:
Verified
Correct Answer:
Verified
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