Question: QUESTION 3: Company XYZ uses two forecasting methods with =.1 for Method A and =.5 for Method B to forecast its monthly sales of one

QUESTION 3: Company XYZ uses two forecasting methods with =.1 for

QUESTION 3: Company XYZ uses two forecasting methods with =.1 for Method A and =.5 for Method B to forecast its monthly sales of one of its products. The data pertain to the actual sales levels over a period of eight months. What is the value of the tracking signal as of the end of the eighth month? Which method provides better forecast accuracy? He guesses that the forecast of the product unloaded in the first month was 175

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