Question: The following table shows predicted product demand using your particular forecasting method along with the actual demand that occurred: FORECAST ACTUAL 1,510 1,550 1,410 1,530
The following table shows predicted product demand using your particular forecasting method along with the actual demand that occurred:
| FORECAST | ACTUAL |
| 1,510 | 1,550 |
| 1,410 | 1,530 |
| 1,710 | 1,615 |
| 1,760 | 1,665 |
| 1,810 | 1,715 |
a. 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", "Tracking Signal" to 2 decimal places and all other answers to the nearest whole number.)
| Period | Forecast | Actual | Deviation | RSFE | Absolute Deviation | Sum of Absolute Deviation | MAD | TS |
| 1 | 1,510 | 1,550 | ||||||
| 2 | 1,410 | 1,530 | ||||||
| 3 | 1,710 | 1,615 | ||||||
| 4 | 1,760 | 1,665 | ||||||
| 5 | 1,810 | 1,715 | ||||||
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