A manager has just received an evaluation from an analyst on two potential forecasting alternatives. The analyst

Question:

A manager has just received an evaluation from an analyst on two potential forecasting alternatives. The analyst is indifferent between the two alternatives, saying that they should be equally effective.

a. What would cause the analyst to reach this conclusion?

b. What information can you add to enhance the analysis?

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Operations Management

ISBN: 978-0078024108

12th edition

Authors: William J Stevenson

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Question Posted: Dec 30, 2014 06:49 AM

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A manager has just received an evaluation from an analyst on two potential forecasting alternatives. The analyst

Question:

Period: 2 34567 9 10 Data: 37 39 39449 47 49 54 Alt. 1: 3 38 40 42 46446452 55 Alt. 2:36 37 38 3 5247452 53

Step by Step Answer:

a Period Actual Forecast 1 Forecast 2 e 1 e 2 e 1 2 e 2 2 e 1 e 2 1 37 36 36 1 1 1 1 1 1 2 39 38 37 ...View the full answer

Operations Management

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