Question: A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: a. Find the tracking signal
A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: a. Find the tracking signal for each month. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. b. Is the model being used giving acceptable answers? No, the model's performance is poor. Yes, the model's performance is good. A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: a. Find the tracking signal for each month. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. b. Is the model being used giving acceptable answers? No, the model's performance is poor. Yes, the model's performance is good
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