Sales of music stands at Johnny Hos music store in Columbus, Ohio, over the past 10 weeks
Question:
(a) Forecast demand for each week, including week 10, using exponential smoothing with α = .5 (initial forecast = 20).
(b) Compute the MAD.
(c) Compute the trackingsignal.
Transcribed Image Text:
Demand 29 36 Week Demand 20 21 28 37 25 Week 25 10
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Period Demand Forecast Error Running sum error 1 20 20 000 000 000 ...View the full answer
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