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 six-month period: PERIOD FORECAST ACTUAL May 450 480 June 500 560 July 550 380 August 590 465 September 635 650 October 715 610 a. Find the tracking signal for each month.
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After using your
PERIOD | FORECAST | ACTUAL |
May | 450 | 480 |
June | 500 | 560 |
July | 550 | 380 |
August | 590 | 465 |
September | 635 | 650 |
October | 715 | 610 |
a. Find the tracking signal for each month.
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