Question: Two different forecasting Techniquesm(F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are

Two different forecasting Techniquesm(F1 and F2)

Two different forecasting Techniquesm(F1 and F2) were used to forecast demand for cases of bottled water. Actual demand and the two sets of forecasts are as follows: Period 1 2 3 4 5 6 7 8 Demand 68 75 70 74 69 72 80 78 PREDICTED DEMAND F1 F2 66 66 68 68 72 70 71 72 72 74 70 76 71 78 74 80 brug Determine if the F1 tool still fit to use through the use of the tracking signal, alpha is 0.20 and limit is +-4. Compute the tracking signal for the 5th month using the cumulative error for 1-5 months

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