Multiple Choice
A firm's demand data from the last two quarters is displayed in the table.
-If last period's forecast was 27, and the actual demand was 30, what was the forecast error?
A) +3.00
B) +2.00
C) +1.00
D) -2.00
E) -3.00
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: A well-educated lumberjack decides to use linear
Q31: A company has the data shown in
Q32: A company has the information shown in
Q33: Given the series of demand data below<br>
Q34: A company has the data shown in
Q36: Given the series of demand data below<br>
Q37: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBR4941/.jpg" alt=" -Over a six-month
Q38: Given the series of demand data below<br>
Q39: Given the series of demand data below<br>
Q40: A firm's demand data from the last