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1. Given forecasts for two periods of 225 and 200 and actual demands of 150 and 250 for each respective period. CFE: a) Cannot be

1. Given forecasts for two periods of 225 and 200 and actual demands of 150 and 250 for each respective period. CFE:

a) Cannot be calculated

b) is positive

c) Equals MAD

d) Is zero

e) is negative

2. A company has calculated its CFE to be 500 and its MADtis 25. Which one of the following is the resulting TS?

a) 0.05

b) 20

c) 25

d) More than 25

e) Cannot be calculated based on this information

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