Question: A) Does the forecast show bias? If so what type of bias? Explain your position (i.e. why do you think there is or is not

A) Does the forecast show bias? If so what type of bias? Explain your position (i.e. why do you think there is or is not bias).
B) Calculate the Tracking signal values for the 12 forecasts. Do you recommend that they continue to use this forecasting method? Explain your position.

I don't know how to solve this! Please show your work.

Actual
Month Demand Forecast
1 January 350 372
2 February 420 382
3 March 410 395
4 April 500 478
5 May 625 609
6 June 660 647
7 July 725 715
8 August 1160 1142
9 September 750 764
10 October 445 478
11 November 225 247
12 December 175 181

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