Question: 3. Lets assume that a particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demand that resulted: April

3. Lets assume that a particular forecasting

3. Lets assume that a particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demand that resulted: April May June July August September Forecast 2600 2900 4000 3500 3750 4500 Actual 2400 3900 3560 3200 5250 4000 Find the tracking signal in each month and state whether you think the model being used in giving acceptable answers ? Also, if they use exponential smoothing with alpha = 0.4 and an October demand is 3,900, find the November forecast. (6 pts)

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