1 which of the following can be used to monitor a forecast, Ask an Expert

Management Studies

1. Which of the following can be used to monitor a forecast to see if it is biased high or low?

A. a tracking signal

B. the mean absolute deviation (MAD)

C. the mean absolute percentage deviation (MAPD)

D. a linear trend line model

2. The closer the smoothing constant, is to 0 (zero)

A. the greater the reaction to the most recent demand.

B. the greater the dampening, or smoothing, effect.

C. the more accurate the forecast.

D. the less accurate the forecast.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93131002

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