A manufacturing firm is debating about whether to use the MAD. MFE or the MSE forecast accuracy measure for evaluating different demand forecasting methods. Past experience of the firm suggests that infrequent large forecast errors tend to cause more financial loss than frequentam errors. In light of this, which one of these forecast accuracy measures would you recommend the firm?
a) All of them
b) MSE
c) MAD
d) None of them
e) MFE

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Your answer is c premium and ur welcome

Any choices to answer