Question: *****NEED HELP WITH PART C ONLY -sum absolute deviations**** A grocery store sells the following number of frozen turkeys during the week prior to Thanksgiving:
*****NEED HELP WITH PART C ONLY -sum absolute deviations****
A grocery store sells the following number of frozen turkeys during the week prior to Thanksgiving:
DayTurkeys SoldMonday80Tuesday53Wednesday65Thursday43Friday85Saturday101
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a. Using exponential smoothing, prepare a forecast of sales for each day, starting with F1 = 85 and = 0.2. Compute the MAD and the tracking signal in each period. Use MAD0 = 0. (Round all answers to 2 decimal places.)

****Need help with the sum absolute deviations****
b. On the basis of the criteria given in the text, are the MAD and tracking signal within tolerances? Yes No c. Recompute part a using a=0.1,0.3, and 0.4 . (Round all answers to 2 decimal places.)
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