Question
Given the following information (RSFE and MAD) on the quality of a forecast, and using the tracking signal (TS) range presented in class, rounding your
Given the following information (RSFE and MAD) on the quality of a forecast, and using the tracking signal (TS) range presented in class, rounding your TS calculations to two decimal places, in which period would the tracking signal first classify the forecast as being "out of control"?
| Period | RSFE | MAD |
|---|---|---|
| 3 | 18 | 9.0 |
| 4 | 28 | 9.2 |
| 5 | 36 | 9.2 |
| 6 | 47 | 9.3 |
| 7 | 64 | 10.3 |
| A. | in period 4. | |
| B. | in period 5. | |
| C. | in period 6. | |
| D. | in period 7. | |
| E. | This forecast would not be classified as being out of control. |
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Microeconomics and Behavior
Authors: Robert Frank
9th edition
9780077723750, 78021693, 77723759, 978-0078021695
