The tracking signal (TS) values for 10 forecasts are given below Is the forecasting model predicting the actual demand well, assuming the acceptance range is 4 TS TS 1 1 25 6 2 23 2 2 75 7 4 41 3 3 00 8 3 90 4 3 33 9 1 01 5 1 90 10 1 52 No, because one of the values falls outside the range( 4, 4) No, because some values are less than 0 Yes, because all positive values fall within the range Yes, because most of values fall within the range

The Answer is in the image, click to view ...

Question: The tracking signal (TS) values for 10 forecasts are given below. Is the forecasting model predicting the actual demand well, assuming the acceptance range is

The tracking signal (TS) values for 10 forecasts are given below. Is the forecasting model predicting the actual demand well, assuming the acceptance range is 4?

	TS		TS
1	1.25	6	2.23
2	2.75	7	-4.41
3	-3.00	8	3.90
4	3.33	9	1.01
5	1.90	10	-1.52

		No, because one of the values falls outside the range(-4,+4)
		No, because some values are less than 0
		Yes, because all positive values fall within the range
		Yes, because most of values fall within the range

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

The tracking signal (TS) values for 10 forecasts are given below. Is the forecasting model predicting the actual demand well, assuming the acceptance range is 4 ? No, because one of the values falls...

The tracking signal (TS) values for 10 forecasts are given below. Is the forecasting model predicting the actual demand well, assuming the acceptance range is 4? TS TS 1 1.25 6 2.23 2 2.75 7 -4.41 3...

The Tracking Signal ( TS ) values for 1 0 forecasts are given below. Is the forecast biased ( overestimates or underestimates the actual values ) assuming the threshold range is \ pm 6 ? period TS...

The monthly sales for Telco Batteries, Inc., were as follows: Month Sales January 27 February 25 March 24 April 24 May 22 June 21 July 20 August 16 September 17 October 19 November 25 December 24 a)...

Supply Chain Management Introduction Outline What is supply chain management? Significance of supply chain management. Push vs. Pull processes utdallas.edu/~metin 1 A Generic Supply Chain Sources:...

Starbucks has a large global supply chain that must efficiently supply over 17,000 stores. Although the stores might appear to be very similar, they are actually very different. Depending on the...

Analytics Exercise 3-02 (Algo) Starbucks has a large global supply chain that must efficiently supply over 17000 stores. Although the stores might appear to be very Similar, they are actually very...

Calculate the heat transfer for the process described in Problem 4.70. A piston cylinder setup similar to Problem 4.24 contains 0.1 kg saturated liquid and vapor water at 100 kPa with quality 25%....

Investigation of a business unrelated to one's present business may sometimes result in a current - period deduction of the entire amount spent even if the amount of investigation expenses exceeds $...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...