Question: 1) Delphi method il) Tracking Signal. A firm uses simple exponential smoothing with a = 0.1 to forecast demand. The forecast for the week of

1) Delphi method il) Tracking Signal. A firm uses

1) Delphi method il) Tracking Signal. A firm uses simple exponential smoothing with a = 0.1 to forecast demand. The forecast for the week of February -1 was 500 units, whereas actual demand turned out to be 450 units. 1. Forecast the demand for the week of February-8 ll. Assume that the actual demand during the week of February-8 turned out to be 505 units. Forecast the demand for the week of February-15. Continue on Forecasting through march-15, assuming that subsequent demands were 516, 488, 467,554 and 510 units. III. Compare the forecasts with the actual demand values by plotting the graph h a) The general manager of a building materials production plant feels the co demand for nlatarha

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