24 After using your forecasting model for six months, you decide to test it using MAD and...

Question:

24 After using your forecasting model for six months, you decide to test it using MAD and a tracking signal. Here are the forecast and actual demands for the six-month period:

image text in transcribed

a. Find the tracking signal.

b. Decide whether your forecasting routine is acceptable.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations Management For Competitive Advantage

ISBN: 1572

11th Edition

Authors: Richard B. Chase, F. Robert Jacobs

Question Posted: