Question: A company uses two forecasting methods to predict monthly sales. The results are given in the table below: Month Sales Forecast #1 Forecast #2 1

A company uses two forecasting methods to predict monthly sales. The results are given in the table below: Month Sales Forecast #1 Forecast #2 1 750 751 749 2 769 765 767 3 774 770 772 4 760 764 778 5 748 750 754 6 752 748 750 7 740 741 739 8 755 751 755 9 766 764 768 10 770 768 768 a) Choose the appropriate forecasting method. Show all your calculations. (3 points) b) Calculate the Tracking signal for each forecasting method. What you conclude? (3 points)

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