The manager of a large manufacturer of industrial pumps must choose between two alternative forecasting techniques to
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The manager of a large manufacturer of industrial pumps must choose between two alternative forecasting techniques to forecast the demand for its top-selling pump. Both techniques have been used to prepare forecasts for a six-month period. Using MAD as a criterion, which technique produces more accurate forecasts?
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Related Book For
Operations Management
ISBN: 9781259270154
6th Canadian Edition
Authors: William J Stevenson, Mehran Hojati, James Cao
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