Evaluate the Answer

question 73

Short Answer

Evaluate the answer .: [(20 + 8 × 5) - 7 × (- 3)]÷ 9

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Definitions:

Time Series

An array of data elements, usually made up of ongoing recordings measured throughout a specific duration.

Forecast Accuracy

The degree of closeness between predicted values and actual values in forecasting.

Tracking Signal

A metric in inventory management that measures the accuracy of forecast demand against actual demand.

Adaptive Smoothing

A forecasting technique that adjusts the smoothing constant based on the accuracy of previous forecasts.