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 it's 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 system?
A) 85
B) 60
C) 13.6
D) 12.9
E) 8
Correct Answer:
Verified
Correct Answer:
Verified
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