Question: Problem 18-23 (Algo) After using your forecasting model for six months, you decide to test it using MAD and a tracking signal. Here are the
Problem 18-23 (Algo)
After using your forecasting model for six months, you decide to test it using MAD and a tracking signal. Here are the forecast and actual demands for the six-month period:
| PERIOD | FORECAST | ACTUAL |
| May | 445 | 500 |
| June | 495 | 530 |
| July | 545 | 400 |
| August | 610 | 470 |
| September | 660 | 685 |
| October | 690 | 625 |
a. Find the tracking signal. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
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