Question: Please help me, and provide work if possible.. 2) The tracking signal is defined as TS = SUM (Actual - Forecast) / MAD. You want

Please help me, and provide work if possible..

2) The tracking signal is defined as TS = SUM (Actual - Forecast) / MAD. You want to monitor the quality of a forecasting model by calculating the tracking signal. The tracking signals are calculated as below. What does this mean? Week Tracking signal 1 1.1 2 2.1 3 4.5 4 3.8 5 5.2 6 6.4 7 6.7 3) Actual demand values for the last four months are as follows. month Januar Apri Februar Marc h y I Deman 7 8 6 9 d (1,000s) What is the forecast value (model generated value) for May using exponential smoothing method with Alpha=0.5? Start your forecast by assuming Eun Aux Show all work step by step

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