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In forecasting, what is the Mean Absolute Percent Error (MAPE)? In forecasting, what is the Mean Absolute Percent Error (MAPE)? It is the absolute error
In forecasting, what is the Mean Absolute Percent Error (MAPE)? In forecasting, what is the Mean Absolute Percent Error (MAPE)? It is the absolute error as a percentage of demand. It is the per-period average of cumulative error. It is the difference between the forecast and actual demand. It is the average, absolute difference between the forecast and actual demand
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Introduction To Materials Management
Authors: J. R. Tony Arnold, Stephen N. Chapman, Lloyd M. Clive
7th Edition
7111455517, 978-0131376700
