What is a tracking signal? Explain the connection between adaptive smoothing and tracking signals
What will be an ideal response?
A tracking signal is a measure of how well the forecast actually predicts. The larger the absolute tracking signal, the worse the forecast is performing. Adaptive smoothing sets limits for the tracking signal and makes changes to its forecasting models when the tracking signal goes beyond those limits.
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Which of the following is the factor that most reduces an organization's ability to learn from failure?
A. Employees that like to experiment with multiple solutions. B. Employees with a strong desire to acquire personal wealth. C. Employees that blame others for failure. D. Employees that embrace a learning culture. E. Employees with a high tolerance for ambiguity.
Organizations and individuals that contribute to the movement and the marketing of products and services to consumers for personal use are known as __________.
A. distributors B. retailers C. wholesalers D. agents E. brokers
Process costing is most appropriate when manufacturing large batches of homogenous products
Indicate whether the statement is true or false
Which of the following approaches is NOT commonly used with need-satisfaction sales presentations?
A. Shock B. Opinion C. Showmanship D. Customer Benefit E. Curiosity