19: If you were selecting a forecasting model based on MAD, which of the following MAD values...
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19: If you were selecting a forecasting model based on MAD, which of the following MAD values reflects the most accurate model?
(A) 0.2, (B) 0.8, (C) 2.0, (D) 4.5, (E) 100.
Past actual demand (in units) for a company is given below. Answer the next three questions.
Month 1 2 3 4 5 6 7 8 9 Actual demand 700 645 660 648 655 760 682 670 756
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Related Book For
Production And Operations Management Systems
ISBN: 9781466507333
1st Edition
Authors: Sushil Gupta; Martin Starr
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