In this problem, you are to test the validity of your forecasting model. Here are the fore-casts
Question:
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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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Week Forecast Actual Deviation RSFE Absolute deviation Sum of Absolute deviations MAD TS 1 ...View the full answer
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Related Book For 
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
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