Question: PLEASE HELP! 1. An operations manager at a grocery store has tracked the sales of a specific item over the last four weeks. Forecast demand

PLEASE HELP!

An operations manager at a grocery store has tracked the sales of a specific item over the last four weeks. Forecast demand using exponential smoothing with an alpha of 0.4, and an initial forecast of 28.0 for period one. a) Compute the forecast and MAD of period five. b) What is tracking signal and how it can help in this question? c) Compute the tracking signal and interpret the result. (round you answer two decimal place e.g., 0.25). Demand Period 1 24 2 23 WN 3 26 14 4 36

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