Question: Jane determined that an SKU's average forecast error is -15.5 units. What are the implications of her finding? The tracking signal is below-4.0 units. The

Jane determined that an SKU's average forecastJane determined that an SKU's average forecastJane determined that an SKU's average forecast

Jane determined that an SKU's average forecast error is -15.5 units. What are the implications of her finding? The tracking signal is below-4.0 units. The forecast method is biased and under estimates demand. Mean Absolute Deviation will also be negative. The forecast method has a tendency to over forecast. An analyst is forecasting four periods in the future using exponential smoothing with trend. At the end of period 3 the analyst calculates F4 = 120 and T4 = 12.What is the forecast including trend for period 7? Exam 2 Formula Sheet 156 168 o 180 O 142 L A Moving to another question will save this response. Question 6 of 30 Prepare a trend adjusted exponential smoothing forecast for June x= 0.2, 0 =0.1, FMay = 1300, TMay = 300, and the actual demand in May was 1500. Exam 2 Formula Sheet = 1878 O 1,638 The correct answer is not given. 1644

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