What is the MAD? (Round your answer to 1 decimal place) Question 23 options: a) 67.7 b) 60.0 c) 62.5 d) 50.0What is the tracking signal? (Round your answer to 1 decimal place) Question 24 options: a) -6.0 b) -1.0 c) -2.0 d) -5.0Decide whether your forecasting method being used is acceptable. Which of the following answer is not true? Question 25 options: a) The model is consistently over-forecasting demand. b) The model is consistently under-forecasting demand. c) The model is not acceptable since the tracking signal indicates that it is moving in a downward direction. d) The model is performing poorly and is not acceptable. A particular forecasting model was used to forecast a six-month period. Here are the forecasts andactual demands that resulted:MonthForecast ActualApril260210May335260June410332July360310August385335September 460403

The data for forecasted and actual values is given as:Forecast value: Actual value: April260210…

A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: Month Forecast Actual April 260 210 May 335 260 June 410 332 July 360 310 August 385 335 September 460 403

A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: Month Forecast Actual April 260 210 May 335 260 June 410 332 July 360 310 August 385 335 September 460 403

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter4: Writing Linear Equations

Section: Chapter Questions

Problem 14CR

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Question

What is the MAD? (Round your answer to 1 decimal place)

Question 23 options:

67.7

60.0

62.5

50.0

What is the tracking signal? (Round your answer to 1 decimal place)

Question 24 options:

-6.0

-1.0

-2.0

-5.0

Decide whether your forecasting method being used is acceptable. Which of the following answer is not true?

Question 25 options:

a)	The model is consistently over-forecasting demand.

b)	The model is consistently under-forecasting demand.

c)	The model is not acceptable since the tracking signal indicates that it is moving in a downward direction.

d)	The model is performing poorly and is not acceptable.

A particular forecasting model was used to forecast a six-month period. Here are the forecasts and
actual demands that resulted:
Month
Forecast Actual
April
260
210
May
335
260
June
410
332
July
360
310
August
385
335
September 460
403

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