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Forecast Error Is Found by Subtracting the Forecast from the Actual

question 24

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Forecast error is found by subtracting the forecast from the actual demand for a given period.


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Pertaining to the law or the system of rules that a particular country or community recognizes as regulating the actions of its members.

Financial

Pertaining to the management of money, investments, and other monetary transactions.

Marketing

The activities, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

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