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Below are a pharmacy's actual sales and forecasted demand for a certain prescription drug for 5 months. How accurate is their forecast? Calculate MAD and
Below are a pharmacy's actual sales and forecasted demand for a certain prescription drug for 5 months. How accurate is their forecast? Calculate MAD and MSE and create a control chart. Months Actual sales Forecasted demand 1 215 n//a 2 235 255 3 200 203 4 305 325 5 310 320
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