Question
1). Use the following data to calculate the MAPD of the forecasts. Period Demand Forecasts 1 256 -- 2 270 245 3 248 245 4
1). Use the following data to calculate the MAPD of the forecasts. Period Demand Forecasts 1 256 -- 2 270 245 3 248 245 4 265 256 5 244 243
Keep two decimal places in your calculations.
Period AbsolutePercentage Errors 1 -- 2 ? 3 ? 4 ? 5 ?
Calculate the mean absolute percentage deviation (MAPD) of the forecasts------------
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Management
Authors: Warren R. Plunkett, Gemmy S. Allen
10th edition
1111221340, 978-1111221348
