Klimberg, Ronald K.; Sillup, George P.; Boyle, Kevin J. - In: Advances in business and management forecasting, : Vol. 8, (pp. 199-208). 2011
The accuracy of forecasts has a critical impact on an organization. A new, practical, and meaningful forecast performance measure, percentage forecasting error (PFE), was introduced by the authors in an earlier publication. In this chapter, we examined the accuracy of the PFE under several...