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Below is the demand from JR Fuels in barrels as well as the forecasts below for the first 4 weeks of 2023. Calculate the mean
Below is the demand from JR Fuels in barrels as well as the forecasts below for the first 4 weeks of 2023. Calculate the mean absolute percent error in order to let the Senior Managers know how the forecasts are performing. Round your answer to one decimal place. Do NOT include the percent sign. Weeks Actual Demand ( Barrels of fuel) Forecast 1 92 75 2 114 100 3 89 100 4 125 150
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Hospitality Management Accounting
Authors: Martin G Jagels, Catherine E Ralston
9th Edition
0471687898, 9780471687894
