A Forecasting model was used to forecast a six-month period. Here are the forests and actual demands that resulted: Table ECI month Actual Forecast Deviation RSFE|IA-FI SAFI MAD April 340 335 May 360 345 June 320 340 Part A Based on the calculations from the table above, Complete table Eca (below) by recording the tracking Signal for each month. Table EC2 Month Ts May June Part b. Write a statement Stating Whether you think the model being used is giving acceptabe answers or not.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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A forecasting model was used to forecast a six-month
period. Here are the forests and actual demands that
resulted:
Table ECI
Month Actual Forecast Deviation RSFEIA-FI Sum AFI MAD
April
May 360 345
340 335
June 320 340
Part A. Based on the calculations from the table above,
Complete table Eca (below) by recording the tracking
Signal for each month.
Table EC2
Month Ts
April
May
June
Part b. Write a statement
Stating Whether you
think the model being used
is giving acuptabe
answers or not.
Transcribed Image Text:A forecasting model was used to forecast a six-month period. Here are the forests and actual demands that resulted: Table ECI Month Actual Forecast Deviation RSFEIA-FI Sum AFI MAD April May 360 345 340 335 June 320 340 Part A. Based on the calculations from the table above, Complete table Eca (below) by recording the tracking Signal for each month. Table EC2 Month Ts April May June Part b. Write a statement Stating Whether you think the model being used is giving acuptabe answers or not.
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