Refer to the data in problem 22. a. Compute a tracking signal for the 10th month for
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Refer to the data in problem 22.
a. Compute a tracking signal for the 10th month for each forecast using the cumulative error for months 1 to 10. Use action limits of ± 4. Is there bias present? Explain.
b. Compute 2s control limits for each forecast.
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Refer to data in Problem 22 shown below Period Demand F1 e e e 2 e Demand x 100 F2 e e e 2 e Demand ...View the full answer
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