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Management has noted that, on average, Forecast 1 is 0.67 units above average demand and Forecast 2 is 0.67 units below average demandso both forecasts
Management has noted that, on average, Forecast 1 is 0.67 units above average demand and Forecast 2 is 0.67 units below average demandso both forecasts perform comparably and it doesn't matter which method is used going forward. Is management's assessment correct? Why or why not? If no, then provide a more accurate evaluation of the forecasting methods
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