To Assess the Adequacy of a Forecasting Model,one Measure That

question 129

Multiple Choice

To assess the adequacy of a forecasting model,one measure that is often used is

• A)quadratic trend analysis.
• B)the MAD.
• C)exponential smoothing.
• D)moving averages.

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Definitions:

Operating Capability

The ability of a company to maintain efficient operations and produce goods or services at a consistent level of quality.

Physical Capacity

A measure of the maximum amount of work or production an asset can achieve in a certain period under normal conditions.

Working Capital

The difference between a company's current assets and current liabilities, representing the short-term liquidity.