Forecast error is used for all of the following EXCEPT A. to monitor erratic demand observations or outliers. B. to determine when the forecasting method is no longer tracking actual demand and needs to be reset. C. to determine the capacity cushion. D. to determine parameter values that provide the most accurate forecasts.

C. To determine the capacity cushion.

Explanation:

Forecast error cannot be use to determine the capacity cushion.

C. To determine the capacity cushion

Explanation: To forecast is to estimate how something will be in the future based on observable trends from past and present data. Forecasting plays a major role in a company success or failure and at the base level, when done accurately can keep prices low and increase knowledge of the market for businesses.

Forecast error is given as the difference between an observed value and its forecast based on all previous observations. As such, it is the difference between the actual and the predicted; forecast value of a time series; or any other phenomenon of interest.

While forecast errors can be used to monitor erratic demand observations or outliers, to determine when the forecasting method is no longer tracking actual demand and needs to be reset and to determine parameter values that provide the most accurate forecasts, it however cannot be applied to determine the capacity cushion (reserved capacity that a firm has to satisfy unexpected increases in demand or temporary breakdown in production capacity).

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

the answer choices are:

provides online banking

provides automatic payment services

provides home loans by using saving accounts

accept tax return refunds

hopefully someone can answer the question now lol