Question: Problem 3-21 (Static) The following table shows predicted product demand using your particular forecasting method along with the actual demand that occurred FORECAST ACTUAL 1,550

Problem 3-21 (Static) The following table shows predicted product demand using your particular forecasting method along with the actual demand that occurred FORECAST ACTUAL 1,550 1,460 1,700 1,750 1,500 1.500 1.650 1,700 0. Compute the tracking signal using the mean absolute deviation and running sum of forecast errors. (Negative values should be indicated by a minus sign. Round your "Mean Absolute Deviation" to 1 decimal place, "Tracking Signal" to 2 decimal places and all other answers to the nearest whole number) MAD Sum of Absolute Deviation Absolute Deviation TS Period Forecast Actual Deviation RSFE 1 2 3 1.500 1.400 1,700 1.750 1.800 1.550 1,500 1,600 1.650 1,700 4 5

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