The Forecast Is 100 Units a Week

question 7

Essay

The forecast is 100 units a week. The actual demand for the past six weeks has been 105, 110, 103, 105, 107, and 115. If MAD is 7.5, calculate the sum of the forecast error and the tracking signal.

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Definitions:

Mindlessness

A state of reduced cognitive activity where individuals act or respond to stimuli without deliberate thought or awareness, leading to automatic or habitual behaviors.

Social Learning

The capacity to learn from observing others.

Reinforced

Strengthened or emphasized, often in the context of behaviors that are increased in frequency due to positive feedback or outcomes.

Imitate

The action of copying or replicating someone’s gestures, speech, or behaviors.