Measures of Forecasting Errors

[@davidprotic9242]

How are we selecting the Base value and how are we correcting it from month to month?

[@avanti8188]

Maybe through real data.There are computer algorithms that do this in actual working scenarios.So basic understanding is ok for exam or understanding purposes unless you really will be working with softwares or develop algorithms.

[@tejasamoridhara5010]

Plz suggest book for SCM

[@kishank5437]

SCM: Chopra mendli

[@navneetlohia2912]

27.12

[@srinivasanthirunavukkarasu4499]

nothing understood

[@RetaxChennai]

Watch the lectures from the start, then you will understand. This is 13th lecture in the series.