Question: A particular forecasting model was used to forecast a six - month period. Here are the forecasts and actual demands mat resurter. table [
A particular forecasting model was used to forecast a sixmonth period. Here are the forecasts and actual demands mat resurter.
tableFORECAST,ACTUALAprilMayJuneJulyAugustSeptember
Find the tracking signal and state whether you think the model being used is giving acceptable answers.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
