Based on 12 months of demand data, an apparel store generated the following forecasts using judgmental methods.

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Based on 12 months of demand data, an apparel store generated the following forecasts using judgmental methods. Compute the tracking signals for the forecasts using ±4 MAD limits and comment on the performance of the forecasting method used:

Month Demand Forecast 1,772 1,774 1,790 1,780 1,796 3 1,792 1,783 4 1,794 1,772 1,775 1,770 1,764 1,765 1,758 1,777 1,77

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Operations Management Managing Global Supply Chains

ISBN: 978-1506302935

1st edition

Authors: Ray R. Venkataraman, Jeffrey K. Pinto

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