hi,
I am working on model that will verify how well my orders are being calculated
Each week I am forecasting certain order that will occur in 1 month
So for each actual order I have 4 forecasts from 4 weeks a head
There are few measures I found that measure accuracy between actual order and it's forecast like MAD, MAPE,MFE
Still haven't decided which one to use
But I don't know how to handle the multiple forecasts for the same event? Does Avg. will be good?
how do I take in account the STD between them?