The formula for the forecast error is calculated by using the equation: a. Actual demand for period t minus the forecasted demand for period t b. Actual demand for period t divided by the forecasted demand for period t c. Actual demand for period t plus the forecasted demand for period t d. The average of Actual demand for period t and forecasted demand for period t
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Home » Business » The formula for the forecast error is calculated by using the equation: a. Actual demand for period t minus the forecasted demand for period t b. Actual demand for period t divided by the forecasted demand for period t c.