A tracking signal provides a method for quantifying forecast
A)bias
B)error
C)accuracy
D)outliers

Question

Quizplus · Accepted Answer

A tracking signal is used to measure the forecast bias. It calculates the difference between the actual demand and the forecast and accumulates the data over time. If the tracking signal becomes too large, it indicates that there is a consistent bias in the forecast, which needs to be addressed. Therefore, option A) Bias is the correct choice.

A Tracking Signal Provides a Method for Quantifying Forecast