Question: 1 6 Problem 3 - 1 8 ( Algo ) 7 points 0 1 : 3 9 : 2 2 eBook References A particular forecasting

16
Problem 3-18(Algo)
7 points
01:39:22
eBook
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A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted:
\table[[,FORECAST,ACTUAL],[April,260,209],[May,335,236],[June,410,310],[July,360,291],[August,385,315],[September,460,394]]
a. Find the tracking signal for each month.
Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.
\table[[Month,Tracking Signal],[April,],[May,],[June,0.00],[July,4.00],[August,0.00],[September,6.00]]
b. Is the model being used giving acceptable answers?
 16 Problem 3-18(Algo) 7 points 01:39:22 eBook References A particular forecasting

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