Question: In this problem you are to test the validity of

In this problem, you are to test the validity of your forecasting model. Here are the fore-casts for a model you have been using and the actual demands that occurred:


Use the method stated in the text to compute MAD and tracking signal. Then decide whether the forecasting model you have been using is giving reasonableresults.
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  • CreatedApril 09, 2014
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