The ________ Is the Sum of the Absolute Value of Forecasting

question 92

Short Answer

The ________ is the sum of the absolute value of forecasting errors divided by the number of periods in which a forecast was made.

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Definitions:

NIH Barriers

Stands for "Not Invented Here" barriers, a term referring to the reluctance or inability of a company to accept or adopt innovations or solutions developed outside its own boundaries.

Organizational Inertias

The tendency of an organization to continue on its current trajectory despite changes in the external environment, often due to resistance to change.

Open Innovation

A business model that encourages collaboration with individuals or companies outside an organization to jointly develop new products or services.

Precise Protocol

A specific, well-defined procedure or set of rules designed to achieve accuracy and efficiency in a particular context.