You are using an exponential smoothing model for forecasting. The running sum of the forecast error statistics (RSFE) is calcula
ted each time a forecast is generated. You find the last RSFE to be 34. Originally, the forecasting model used was selected because of its 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 signal?A) 85B) 60C) 13.6D) 12.9E) 8
You just add the thickness of the 2 books which is 237+3.56=240.56 Then you round the hundredth place which is 5 and next to it is the number 6 and that’s 5+ so it’s going up by a number. The answer is 240.6 inches tall. I tried explaining it well so sorry if you didn’t understand.
