Question: Demand and forecast for 5 months are given below: Month Demand Forecast 1 50 46 2 46 49 3 48 48 4 47 51 5

Demand and forecast for 5 months are given below:

Month Demand Forecast
1 50 46
2 46 49
3 48 48
4 47 51
5 46 48

Give your answers to three decimal places.

  1. Find MSE of this forecast model

  2. Find the tracking signal for

    1. month 1
    2. month 2
    3. month 3

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