Multiple Choice
______ is the sum of the differences between the actual and the forecasted demand values.
A) Mean squared error (MSE)
B) Mean absolute deviation (MAD)
C) Mean absolute percentage error (MAPE)
D) Cumulative sum error (CSE)
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q90: Which of following assumptions related to the
Q91: Which of the following is a drawback
Q92: The _ is the proportion of variation
Q93: Which of the following methods is used
Q94: The correlation coefficient takes on a value
Q95: Which of the following statements is FALSE
Q96: Forecasts can contribute to ethical decision-making in
Q97: Which of the following is an example
Q98: Using the moving average technique,compute the
Q99: The two subcategories of quantitative methods are