Academic MBA Question:
Calculate Forecasting error (MAD, MSE, RMSE and MAPE) for the data given below
| Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Forecast | 10 | 15 | 10 | 15 | 25 | 15 | 20 | 25 |
| Demand | 15 | 15 | 20 | 15 | 10 | 20 | 20 | 30 |
Academic Assignment Answer:
Calculate Forecasting error (MAD, MSE, RMSE and MAPE) for the data given below
| Period | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Forecast | 10 | 15 | 10 | 15 | 25 | 15 | 20 | 25 |
| Demand | 15 | 15 | 20 | 15 | 10 | 20 | 20 | 30 |
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