Question: Please show your work for each question. Thank you so much for your help. Jim's department at a local department store has tracked the sales

Please show your work for each question.

Thank you so much for your help.

Jim's department at a local department store has tracked the sales of a product over the last ten weeks. Forecast demand using exponential smoothing with an alpha of 0.3, and an initial forecast of 30.0 for period 1. Calculate the MAD covering periods 2-10. Calculate the tracking signal covering periods 2-10. What do you recommend?

Period

Demand

1

24

2

23

3

26

4

36

5

26

6

30

7

32

8

26

9

25

10

28

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