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Company x has consistent actual demand of 5 0 , 0 0 0 units for two consecutive periods. The forecasts were 5 2 , 0
Company has consistent actual demand of units for two consecutive periods. The forecasts were units for the first period and for the second period. Company had consistent demand of units and forecasts of units for the first period and for the second period. We can conclude that:
Forecasts for company are better than forecasts for company since company s mean absolute deviation is which is lower than company s mean absolute deviation of
Forecasts for company are better thyn forecasts for company since company s mean absolute percent error is which is lower than company Ys mean absolute percent error of
Forecasts for company are better than forecasts for company since they are all consistently positive
We cannot compare company Xs forecasts with Company Ys forecasts
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