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 260 210
A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted:
| FORECAST | ACTUAL | |
|---|---|---|
| April | 260 | 210 |
| May | 336 | 248 |
| June | 412 | 335 |
| July | 361 | 310 |
| August | 386 | 330 |
| September | 460 | 406 |
Find the tracking signal for each month.
Note: Negative values should be indicated by a minus sign. Round your answers to the nearest whole number.
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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