When forecasting market demand, both cumulative sum of forecast error (CFE) and mean absolute deviation (MAD) are standa

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

When forecasting market demand, both cumulative sum of forecast error (CFE) and mean absolute deviation (MAD) are standa

Post by answerhappygod »

When Forecasting Market Demand Both Cumulative Sum Of Forecast Error Cfe And Mean Absolute Deviation Mad Are Standa 1
When Forecasting Market Demand Both Cumulative Sum Of Forecast Error Cfe And Mean Absolute Deviation Mad Are Standa 1 (38.64 KiB) Viewed 12 times
When forecasting market demand, both cumulative sum of forecast error (CFE) and mean absolute deviation (MAD) are standard forecast error measurements. Which of the following statement is correct? O Both CFE and MAD consider the direction of forecast error O Only CFE considers the direction of forecast error ONeither CFE and MAD considers the direction of forecast error O Only MAD considers the direction of forecast error
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”