The table below compares the accuracy of two forecasting methods used by company XYZ to forecast its

Question:

The table below compares the accuracy of two forecasting methods used by company XYZ to forecast its monthly sales of one of its product. The data pertain to the forecast and actual sales levels over a period of 5 months. What is the value of the tracking signal as of the end of May? Which method provides better forecast accuracy?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: