Question: 2.2 You have tried to forecast your demand using exponential smoothing with alpha =0.3. [5 marks] a) Calculate the Tracking Signal. [3 marks] b) Is

2.2 You have tried to forecast your demand using

2.2 You have tried to forecast your demand using exponential smoothing with alpha =0.3. [5 marks] a) Calculate the Tracking Signal. [3 marks] b) Is your forecast doing well? Justify your answer. [2 marks] QUESTION 3 [30 MARKS] 3.1 Evaluate any 5 importance of data analytics to an organizations [20 marks] 3.2 Discuss any 5 common features and assumptions inherent in forecasting? [5 marks] 3.3 Explain why it is more challenging to forecast for a new product? [5 marks]

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