Question: Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 months The forecasts and actual sales

Two independent methods of forecasting based on judgment and experience have been prepared each month for the past 10 months The forecasts and actual sales are as follows: Month 1 2 3 4 5 6 7 B 9 10 Sales 771 790 794 776 772 770 761 774 792 794 Forecast 1 770 791 792 779 771 767 764 776 791 795 Forecast 2 770 791 792 781 771 769 763 774 791 792 Ds a. Compute a tracking signal for the 10th month for each forecast using the cumulative error for months 1 to 10. Use action limits of 4. Is there bias present? (Do not round your intermediate calculations. Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) Tracking Signal Bias Forecast Method 1 Method 2

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