A control chart involves setting action limits for cumulative forecast error.
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Q22: Exponential smoothing is a form of weighted
Q23: Forecasts of future demand are used by
Q24: Trend-adjusted exponential smoothing requires selection of two
Q25: MAD is equal to the square root
Q26: The T in the model TAF =
Q28: In order to update a moving average
Q29: A moving average forecast tends to be
Q30: Correlation measures the strength and direction of
Q31: A smoothing constant of .1 will cause
Q32: A seasonal relative (or seasonal indexes)is expressed
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