Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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| Month | Actual Demand | Forecasted Demand |
| 1 | 1000 | 1100 |
| 2 | 900 | 1200 |
| 3 | 1300 | 1400 |
| 4 | 1100 | 700 |
| 5 | 2000 | 1700 |
| 6 | 1500 | 1200 |
| 7 | 1600 | 1500 |
What is the Mean Absolute Percent Error (MAPE) for the seven-month period?
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