Question: Demand and forecast for 5 months are given below: Month Demand Forecast 1 50 46 2 52 52 3 46 52 4 45 52 5

Demand and forecast for 5 months are given below:

Month Demand Forecast
1 50 46
2 52 52
3 46 52
4 45 52
5 52 45

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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