Question: Steps for Problem 1 8 - 2 3 ( Algo ) After using your forecasting model for six months, you decide to test it using
Steps for
Problem 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 sixmonth period:
tablePERIODFORECAST,ACTUALMayJuneJulyAugustSeptemberOctober
a Find the tracking signal.
Note: Negative values should be indicated by a minus sign. Round your answers to decimal places.
tablePeriodTracking SignalMayJuneJulyAugustSeptemberOctober
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