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SUPPLY CHAIN MANAGEMENT Problem 5) 8 Points (-2/error) San Sebastian Company regularly evaluates the accuracy of its current forecasting technique by determining Mean Squared Error
SUPPLY CHAIN MANAGEMENT
Problem 5) 8 Points (-2/error) San Sebastian Company regularly evaluates the accuracy of its current forecasting technique by determining Mean Squared Error (MSE). Use the data below to determine the MSE value for the forecasts for Weeks 1 through S. Show work in the table below and round final answer for MSE to one decimal point, e.g., 12.9. (, - F.)? MSE = n-1 Week Actual Forecasted Value Value 1 80 83 2 85 93 3 82 83 4 78 72 5 90 82 Step by Step Solution
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