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Question 18 (5 points) Actual demand for periods 1-4 and the forecast for periods 1-4 is shown below. Calculate the MAPE (mean absolute percent error).
Question 18 (5 points) Actual demand for periods 1-4 and the forecast for periods 1-4 is shown below. Calculate the MAPE (mean absolute percent error). Period Actual Forecast 1 1.002 1,000 2 1,012 1,016 3 1,027 1,023 4. 1,037 1,038 Round your answer to two decimal points. Your Answer: Answer o (1)
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