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Author Question: _____ is the amount by which the predicted value differs from the observed value of the time series ... (Read 109 times)

haleyc112

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on: Jun 24, 2018
_____ is the amount by which the predicted value differs from the observed value of the time series variable.
 a. Mean forecast error
  b. Mean absolute error
  c. Smoothing constant
  d. Forecast error

Question 2

Which of the following relates to costs of non-conformance?
 a. Coordination with suppliers.
  b. Defective products that reduce goodwill.
  c. Periodic customer surveys.
  d. Worker involvement.
  e. Revisions to product design.


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aruss1303

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


haleyc112

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Reply 2 on: Jun 24, 2018
Excellent

sailorcrescent

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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