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Artician Artician
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7 years ago
In forecasting, what is the Mean Absolute Deviation (MAD)?
A) It is the difference between the forecast and actual demand.
B) It is the average, absolute difference between the forecast and actual demand.
C) It is the absolute error as a percentage of demand.
D) It is the per-period average of cumulative error.
Textbook 
Managing Supply Chain and Operations: An Integrative Approach

Managing Supply Chain and Operations: An Integrative Approach


Edition: 1st
Authors:
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fc10fc10
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7 years ago
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Smart ... Thanks!
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