1. What is the tracking signal for the forecast?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
- Use regression or simple exponential smoothing with the following data. For exponential smoothing, assume the
forecast for year 1 was the same as the actual and use an alpha of 0.7. (use excel to show formauls used)
|
Year |
Sales |
|
1 |
290 |
|
2 |
340 |
|
3 |
400 |
|
4 |
410 |
|
5 |
400 |
1. What is the tracking signal for the forecast?
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