Question: Problem 6 - Based on the data provided in the table below is this new forecasting technique biased? If so how is it biased? Calculate
Problem 6 - Based on the data provided in the table below is this new forecasting technique biased? If so how is it biased? Calculate tracking signal values. Is there any evidence this New Forecast should not be used? Explain your answer Actual New Period Demand Forecast 1 720 850 2 650 1090 3 680 720 4 750 630 5 800 1000 6 1150 1120 7 1480 800 8 1750 750 9 1620 700 10 1200 770 11 900 1400 12 820 1750
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