ABC Restaurant has made a forecast for last week's operations vs Actual result of the forecast last week Period Monday Tuesday Actual 112 110 113 120 140 Forecast 115: 104 110 115 135 Wednesday Thursday Friday Using this table above, solve for Mean Absolute Percent Error (MAPE) Note: Round up to the last 2 decimals, example 9.6568->9 66

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Question 3
ABC Restaurant has made a forecast for last week's operations vs Actual
result of the forecast last week.
Period
Monday
Tuesday
Wednesday
Thursday
Friday
Actual
112
110
113
120
140
Forecast
115.
1041
110
115
135
Using this table above, solve for Mean Absolute Percent Error (MAPE)
Note Round up to the last 2 decimals, example 9.6568->9 66
3
Transcribed Image Text:Question 3 ABC Restaurant has made a forecast for last week's operations vs Actual result of the forecast last week. Period Monday Tuesday Wednesday Thursday Friday Actual 112 110 113 120 140 Forecast 115. 1041 110 115 135 Using this table above, solve for Mean Absolute Percent Error (MAPE) Note Round up to the last 2 decimals, example 9.6568->9 66 3
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