A forecaster is assessing two different models for demand.The output from each model and the actual demand data appear in the table.Use MAD and a tracking signal to compare the two models.Which model does a better job of forecasting?
Definitions:
Job Done
Refers to the completion of a task or assignment, fulfilling or meeting its required objectives.
Leadership Grid
A model used to evaluate leadership styles based on concern for people versus concern for production, developed by Robert Blake and Jane Mouton.
Authority Compliance
A leadership style that emphasizes strict adherence to rules and focuses on task completion and operational efficiency.
Middle-of-the-road
A leadership or decision-making style that seeks to strike a balance between competing interests or priorities, often seeking compromise.
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