The Dominguez Hills Company has the following forecasts generated by two forecasting methods. Actual sales for the
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Compute the tracking signal for each forecasting method. Why is tracking signal important in assessing the performance of a forecasting model?
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Forecast 2 Year Sales Forecast 1 880 875 850 895 866 890 3 890 890 895 885 4 880 890 5 860 875 875 870 870 880 860 860 860 875 870 875
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Forecast Error Abs Error Year Sales Forecast 1 Forecast 2 1 2 1 ...View the full answer
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Related Book For
Principles of Supply Chain Management A Balanced Approach
ISBN: 978-1337406499
5th edition
Authors: Joel D. Wisner, Keah Choon Tan, G. Keong Leong
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