Multiple Choice
You are using an exponential smoothing model for forecasting.The running sum of the forecast error statistics (RSFE) are 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 0.4.To determine when it is time to re-evaluate the usefulness of the exponential smoothing model, you compute tracking signals.Which of the following is the resulting tracking signal?
A) 85
B) 60
C) 13.6
D) 12.9
E) 8
Correct Answer:

Verified
Correct Answer:
Verified
Q15: If a firm produced a product that
Q18: Multiple regression analysis uses several regression models
Q34: Which of the following is the percentage
Q40: In time series data depicting demand, which
Q43: If the intercept value of a linear
Q50: Heavy sales of umbrellas during a rainstorm
Q61: For every forecasting problem, there is one
Q66: Bayesian analysis is the simplest way to
Q70: Time series forecasting models make predictions about
Q86: The value of the smoothing constant alpha