A Manager Wants to Choose One of Two Forecasting Alternatives

question 49

Essay

A manager wants to choose one of two forecasting alternatives.Each alternative was tested using historical data.The resulting forecast errors for the two are shown in the table.Analyze the data and recommend a course of action to the manager.

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Definitions:

Trademark Infringement

The illegal employment of a trademark or service mark with goods and/or services in a way that may result in confusion, deception, or error regarding the origin of the goods and/or services.

Copyright Infringement

The unauthorized use of copyrighted material without permission, violating copyright laws.

Patent Infringement

The unauthorized use, production, or sale of a patented invention without permission from the patent holder, violating the patent's exclusive rights.

Copyright Protection

A legal mechanism that grants the creator of original works of authorship exclusive rights to their use and distribution, typically for a certain time period.