Question: Sales of music stands at Johnny Hos music store in Burnaby over the past 10 weeks are shown in the table. a) Forecast demand for

Sales of music stands at Johnny Ho€™s music store in Burnaby over the past 10 weeks are shown in the table.

Week Demand 20 Week Demand 29 1 2 36 21 28 3 22 8. 37 25 5 25 10 28


a) Forecast demand for each week, including week 10, using exponential smoothing with a 5 0.5 (initial forecast 5 20).
b) Compute the MAD.
c) Compute the tracking signal.

Week Demand 20 Week Demand 29 1 2 36 21 28 3 22 8. 37 25 5 25 10 28

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a b Period Demand Forecast Error Running sum Error 1 20 20 000 000 ... View full answer

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