Question: You are using an exponential smoothing model for forecasting the running sum of the forecast errors statistics is calculated each time a forecast is generated

You are using an exponential smoothing model for forecasting the running sum of the forecast errors statistics is calculated each time a forecast is generated you find the last RSFE to be

34

originally the forecasting model used was selected because of its relatively low MAD of

0.3

to determine when it is time to reevaluate the usefulness of the exponential smoothing model you compute tracking signals

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