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Below is a table containing data on product demand for the most recent three months along with the forecasts that had been made for those three previous months. Calculate the MAPE. Month Demand Forecast 1 308 310 2 388 390 3 344 342

Below is a table containing data on product demand for the most recent three months along with the forecasts that had been made for those three previous months. Calculate the MAPE. Month Demand Forecast 1 308 310 2 388 390 3 344 342

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Below is a table containing data on product demand for the most recent three months along with the forecasts that had been made for those three previous months. Calculate the MAPE.

Month Demand Forecast
1 308 310
2 388 390
3 344 342
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