How do you determine whether or not linear trend line or, Ask an Expert

Management Studies

How do you determine whether or not linear trend line or linear regression is a good forecasting method?

The MAD is within +/- 4.

The correlation coefficient is close to +1 or -1.

The slope of the regression line is positive.

The tracking signal is within +/- 4.

The correlation coefficient is within +/- 4.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92475443

Have any Question?Write your Review or question?

Related Questions in Operation Management

1 what is stress what job related factors seem to cause

1. What is stress? What job related factors seem to cause stress? How can stress be reduced? 2. Many companies use e-marketing as a tool to market their companies; how are you going to use e-marketing to your advantage a ...

Compare and contrast the three sample mission statements

Compare and contrast the three Sample Mission Statements below. Evaluate them for overall effectiveness addressing what is strong, weak, effective, or ineffective and state your reasons. Sample 1: Human Resources Mission ...

1 pharmaceutical giant eli lily used the power of the

1. Pharmaceutical giant Eli Lily used the power of the internet to launch Innocentive, an online incentive-based scientific network to enable scientists outside the company to collaborate on product development. This is ...

No industry has faced more competitive markets in the us

No industry has faced more competitive markets in the U.S. than textiles. The import of foreign textiles made using cheap labor has decreased profit margins for U.S. companies for years, and many have left the industry. ...

Your boss is interested in hiring a consultant to help

Your boss is interested in hiring a consultant to help identify potential managers among current employees of a fast-food restaurant. The manager’s job is to help wait on customers and prepare food during busy times, ove ...

1 what is the purpose of carrying inventory is inventory a

1. What is the purpose of carrying inventory? Is inventory a good thing or a bad thing? 2. Calculate the correct answer. A manager is trying to estimate the learning rate for a new job. The first unit took 16 hours and t ...

An manager processes 250 parcels per day with an average

An manager processes 250 parcels per day with an average processing time of 4 working days. (1) What is the average number of parcels being processed in her office? (2) What if,through information technology,China Post r ...

A newspaper publisher uses roughly 850 feet of baling wire

A newspaper publisher uses roughly 850 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is six workdays. ...

1 what leadership traits did mark zuckerberg display in his

1. What leadership traits did Mark Zuckerberg display in his Congressional testimony? 2. Explain in detail what is meant by: "enforceable contracts." Do not simply give me the textbook definition. You must explain an e ...

The level of service being provided by a supply chain can

The level of service being provided by a supply chain can be measured in all the following ways except? 1. Ability to meet promised delivery dates. 2. Percentage of items delivered on or before the promiseddelivery dates ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert