The following table shows the actual sales of sneakers for a…
The following table shows the actual sales of sneakers for a shoe manufacturer and the forecasts made for each of the last eight months. Month (t) Demand (Dt) Forecast (Ft) 1 125 105 2 138 150 3 185 200 4 165 195 5 192 185 6 115 120 7 179 185 8 188 179 Calculate CFE (Bias), MSE, MAD, and MAPE for this product.
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