Klimberg, Ronald K.; Sillup, George P.; Boyle, Kevin J.; … - In: Advances in Business and Management Forecasting : Vol. 7, (pp. 137-147). 2010
Producing good forecast is a vital aspect of a business. The accuracy of these forecasts could have a critical impact on the organization. We introduce a new, practical, and meaningful forecast performance measure called percentage forecast error (PFE). The results of comparing and evaluating...