Question: True or False 1. If MAD is close to zero, the business should change their forecasting methodology to increase the MAD 2. Forecasting models should

True or False

1. If MAD is close to zero, the business should change their forecasting methodology to increase the MAD

2. Forecasting models should be used only when there is a positive trend in the historical data.

3. Selecting a new location for the firm is a tactical decision.

4. Six Sigma describes a process with high capability that is 90% accurate.

5. Moving Average is a Time Series technique for forecasting.

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