This Type of Forecast Error Measure Is the Only One

question 2

Multiple Choice

This type of forecast error measure is the only one to show if a stock out or overage occurred:

• A) MAD.
• B) CFE (bias).
• C) MAPE.
• D) MSE.
• E) none of these answers.

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Definitions:

Fair Value Hedge

A financial strategy used to offset the risk of changes in the fair value of a recognized asset or liability or an unrecognized firm commitment.

Rupee

The official currency of India, also used in other South Asian countries but may differ in value.