Question: A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: FORECAST ACTUAL April 252 202
A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: FORECAST ACTUAL April 252 202 May 326 254 June 401 334 July 351 302 August 376 336 September 451 411 a. Find the tracking signal for each month. (Negative values should be indicated by a minus sign. Round your answers to the nearest whole number.) b. Does the model used here give acceptable answers? multiple choice No, the model's performance is poor. Yes, the model's performance is good
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