[The Following Information Applies to the Questions Displayed Below -The Mean Absolute Percentage Error (MAPE)is Approximately:
A)200%
B)-27

question 1

Multiple Choice

[The following information applies to the questions displayed below.]
$\begin{array}{crccc}& \text { Actual } & & \\\text { Period } & \text { Demand } & \text { Forecast Demand } & \text { Error } & \text { Absolute Value } \\1 & 800 & 1100 & (300) & 300 \\2 & 1200 & 1000 & 200 & 200 \\3 & 1400 & 1500 & (100) & 100\end{array}$
-The Mean Absolute Percentage Error (MAPE) is approximately:

• A)200%
• B)-27.98%
• C)20.44%
• D)53.93%