Question: 6. The mean absolute deviation (MAD) measures: Select one: a. noise dampening b. impulse response c. None of the alternatives is correct. d. forecast accuracy.


6. The mean absolute deviation (MAD) measures: Select one: a. noise dampening b. impulse response c. None of the alternatives is correct. d. forecast accuracy. 2. The national decision of where to locate a manufacturing facility today is affected by: Select one: a. currency exchange rates b. telecommunication systems c. All of the alternatives are correct. d. import and export quotas, duties, and fees 3.Forecast accuracy refers to: Select one: a. how precise a forecast will be b. long-range forecasts c. highly accurate forecasts d. how close forecasts come to actual data 4.An economist for the federal government is trying to decide between two different forecasting methods. She can base her decision on: Select one: a. the mean absolute deviation b. the smoothing constant c. the coefficient of determination d. the seasonal index 5.Which of the following approaches attempts to integrate quantitative and qualitative factors into location analysis: Select one: a. rating scale approach b. conventional cost analysis c. linear programming d. incremental location analysis
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