Question: Please show work. 1) In order to decrease the responsiveness (volatility) of following forecast models, what can you do? Simple moving average method - describe

Please show work. 1) In order to decrease thePlease show work. 1) In order to decrease the

Please show work. 1) In order to decrease the responsiveness (volatility) of following forecast models, what can you do? Simple moving average method - describe in terms of averaging periods (number of data points to use): Exponential Smoothing method - describe in terms of "alpha value (smoothing constant): 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 1 2 3 4 5 6 7 Tracking signal -1.5 -2.4 -5.5 -4.0 -6.2 -7.4 -7.9

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