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Question: The following table shows the actual and forecast demand of our textbook "production planning and operations analysis, by Nahmias" at KU bookstore.
Date
Actual demand (textbooks/day)
Forecast value (textbooks/day)
7-september - 2014
0
3
8-Sept.
2
5
9-Sept.
6
7
10-Sept.
15
12
11-Sept.
8
10
12-Sept.
13-Sept.
4
14-Sept.
Calculate the different forecast assessment measures, namely: MAD, MSE, MAPE.
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