Forecast Error Is Used for All of the Following EXCEPT

question 24

Multiple Choice

Forecast error is used for all of the following EXCEPT:

• A)To monitor erratic demand observations or outliers
• B)To determine when the forecasting method is no longer tracking actual demand and needs to be reset
• C)To determine the capacity cushion
• D)To determine parameter values that provide the most accurate forecasts

---

Definitions:

Indorsement

A signature or instruction written on the back of a negotiable instrument, such as a check, that specifies the terms of the transfer.

Negotiated

Discussed or bargained to reach a specific agreement or settlement, often involving adjustments to original terms.

Collecting Agent

An entity or individual appointed to gather or receive payments or debts on behalf of another party.

Indorsement

The act of signing one's name on the back of a check or other negotiable instrument to legally transfer its ownership or to approve its terms.