Question: Given the data in the following table calculate forecast errors, absolute forecast errors, RSFE, and tracking signal. Comment on the magnitude of the tracking signal.

Given the data in the following table calculate

Given the data in the following table calculate forecast errors, absolute forecast errors, RSFE, and tracking signal. Comment on the magnitude of the tracking signal. (10 PTS.) Month Actual Sales Forecasted Sales Forecast Error (Fe) Absolute Forecast Error (ABS Fe) January 20 22 February 21 22 March 15 20 April 14 18 May 13 15 June 16 15.50 RSFE = MAD = Tracking Signal = What is the tracking signal telling you? Is there signant hias in the forecast? Page 4 +

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