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    Supply Chain Management Study Set 1
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    Exam 7: Demand Forecasting in a Supply Chain
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    The Measure of Forecast Error Where the Absolute Amount of Error
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The Measure of Forecast Error Where the Absolute Amount of Error

Question 55

Question 55

Multiple Choice

The measure of forecast error where the absolute amount of error of each forecast is averaged is


A) mean squared error (MSE) .
B) mean absolute deviation (MAD) .
C) mean absolute percentage error (MAPE) .
D) bias.

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