Test Academy | The demand and forecast of an item for five months are given in the table. Month Demand Forecast April 225 200 May 220 240 June 285 300 July 290 270 August 250 230 The Mean Absolute Percent Error (MAPE) in the forecast is ___________ % (round off to two decimal places) Month Demand Forecast April 225 200 May 220 240 June 285 300 July 290 270 August 250 230

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The demand and forecast of an item for five months are given in the table.

The Mean Absolute Percent Error (MAPE) in the forecast is ___________ % (round off to two decimal places)

Month Demand Forecast April 225 200 May 220 240 June 285 300 July 290 270 August 250 230

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Period	Actual Demand (D_i)	Forecasted Demand (F_i)	Absolute Percentage Error E_i = (D_i - F_i)
April	225	200	25
May	220	240	-20
June	285	300	-15
July	290	270	20
August	250	230	20