You Are Using an Exponential Smoothing Model for Forecasting

question 86

Multiple Choice

You are using an exponential smoothing model for forecasting.The running sum of the forecast error statistics (RSFE) are calculated 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)85
• B)60
• C)13.6
• D)12.9
• E)8

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Definitions:

Neuroticism

A characteristic of personality defined by feelings of unease, instability in emotions, fretfulness, a tendency to worry, and experiences of fear.

Behavioral Traits

Characteristics or patterns of behavior that are observable and often considered to be inherent or acquired through interaction with the environment.

Consistency

The quality of always behaving in the same way or having the same attitudes, standards, and beliefs, leading to reliability and predictability.

Distinctiveness

How much an individual's behavior in a given situation differs from their behavior in other situations.