What is the definition of a forecast error? a. The average difference between the forecast and the

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What is the definition of a forecast error?

a. The average difference between the forecast and the actual outcome

b. The maximum difference between the forecast and the actual outcome

c. The difference between the forecast and the actual outcome

d. The percentage difference between the forecast and the actual outcome

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Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

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Question Posted: Aug 13, 2020 05:40 AM

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What is the definition of a forecast error? a. The average difference between the forecast and the

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c The differ...View the full answer

Operations Management

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