Carmen has been applying another model to forecast demand for her boxes of Assorted Candy Mix. She has been using this m

[answerhappygod]

Carmen has been applying another model to forecast demand for
her boxes of Assorted Candy Mix. She has been using this model for
a while and she wishes to evaluate its performance. In Table 2 you
will find the forecasted demand x^(t-1,t) and the actual demand
x(t) of two full weeks.Day of the week x(t) x^(t-1,t)
1 M 85 75
2 TU 95 85
3 W 82 90
4 TH 87 87
5 F 95 87
6 SA 96 89
7 SU 102 90
8 M 105 92
9 TU 98 93
10 W 112 94
11 TH 110 96
12 F 125 97
13 SA 130 99
14 SU 126 102
What can you conclude from this data? Select all correct
statements. Carmen is using a Naive model. Carmen is using a
Cumulative model. Carmen is using a Simple Exponential Smoothing
model. Carmen is using a Holt-Winter model. The demand presents a
level. The demand presents a trend. The demand presents
seasonality. The model’s MAPE is below 30%. The model’s MAPE is
between 30 and 70%. The model’s MAPE is above 70%. The model is not
biased. The model used is over forecasting. The model used is under
forecasting.