Question: Compute the Cumulative Forecast Errors, cumulative MAD in thousands, and tracking signals (round your responses to two decimal places). blem 4.61 ssenger miles flown on

Compute the Cumulative Forecast Errors,

Compute the Cumulative Forecast Errors, cumulative MAD in thousands, and tracking signals (round your responses to two decimal places).

blem 4.61 ssenger miles flown on Northeast Airlines a commuter firm serving the Boston hub, are shown for the past 12 weeks: 4 11 12 6 Week 1 2 3 5 6 7 8 8 9 10 Actual Senger Miles (in thousands) 1520 17 22 17 15 19 17 22 19 15 22 Assuming an initial forecast for week 1 of 15,000 miles, use exponential smoothing to compute miles for week ough 12. Use a=0 22 (round your responses to two decimal places) Week 1 2 3 4 5 7 8 9 10 11 12 Forecasted Passenger 15.00 15:00 16:10 15:30 1755 1743 16:90 17.86 1728 1832 1847 17.71 Miles (in thousands) The MAD for this model = 2.52 thousand (round your response to two decimal places). Compute the Cumulative Forecast Errors, cumulative MAD in thousands, and tracking signals (round your responsos to two decimal places) Cumulative Forecast Cumulative Forecast Errors 0.00 Tracking Signal Week Week MAD MAD 0.00 Errors 10.72 1 7 2.38 2.13 2.50 2 3 4 4 5.00 5.90 11.60 2.00 300 4.00 1.97 2.90 2.43 8 9 10.36 15.08 15.76 12.29 Tracking Signal 4.50 4.86 6.24 7.02 4.52 5.58 2.42 2.24 2.72 2.97 10 5 4.55 11 11.05 8.62 6 2.43 3.55 12 16.58 blem 4.61 ssenger miles flown on Northeast Airlines a commuter firm serving the Boston hub, are shown for the past 12 weeks: 4 11 12 6 Week 1 2 3 5 6 7 8 8 9 10 Actual Senger Miles (in thousands) 1520 17 22 17 15 19 17 22 19 15 22 Assuming an initial forecast for week 1 of 15,000 miles, use exponential smoothing to compute miles for week ough 12. Use a=0 22 (round your responses to two decimal places) Week 1 2 3 4 5 7 8 9 10 11 12 Forecasted Passenger 15.00 15:00 16:10 15:30 1755 1743 16:90 17.86 1728 1832 1847 17.71 Miles (in thousands) The MAD for this model = 2.52 thousand (round your response to two decimal places). Compute the Cumulative Forecast Errors, cumulative MAD in thousands, and tracking signals (round your responsos to two decimal places) Cumulative Forecast Cumulative Forecast Errors 0.00 Tracking Signal Week Week MAD MAD 0.00 Errors 10.72 1 7 2.38 2.13 2.50 2 3 4 4 5.00 5.90 11.60 2.00 300 4.00 1.97 2.90 2.43 8 9 10.36 15.08 15.76 12.29 Tracking Signal 4.50 4.86 6.24 7.02 4.52 5.58 2.42 2.24 2.72 2.97 10 5 4.55 11 11.05 8.62 6 2.43 3.55 12 16.58

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