2. The Forever Young Cosmetics Company used forecast model 2 to forecast demand for a different product.
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2. The Forever Young Cosmetics Company used forecast model 2 to forecast demand for a different product. Eight weeks of actual data and forecast data are shown below.
a. Calculate the MAD based on these 8 weeks of data.
b. Calculate the MSE based on these 8 weeks of data.
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Related Book For
Operations Management Providing Value In Goods And Services
ISBN: 9780030262074
3rd Edition
Authors: Dilworth, James B
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