You are the owner of a private child daycare. You generated a forecast of demand for your services (i. e. an incoming number of children) for the next year, so that you can order the correct number of school supplies and toys. Now you want to compare the accuracy of the forecast to the actual number of children attending your daycare. What is the average forecast error

i think it is sales-oriented, but i am not sure

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; tech (a) is correct;