Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8 Given the following forecast and demand information, what is the MAPE? Absolute Demand Forcast Error Squared Absolute Percent Value Error Error 1258 1295 -37.00
8 Given the following forecast and demand information, what is the MAPE? Absolute Demand Forcast Error Squared Absolute Percent Value Error Error 1258 1295 -37.00 37.00 1369.00 0.0294 1267 1275 -8.33 8.33 69.44 0.0066 1256 1262 -6.00 6.00 36.00 0.0048 1268 1260 7.67 7.67 58.78 0.0060 1277 1264 13.33 13.33 177.78 0.0104 1277 1267 10.00 10.00 100.00 0.0078 1297 1274 23.00 23.00 529.00 0.0177 0 . 0118 0 .0123 0.0050 0 .0136
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started