After using your forecasting model for six months, you decide to test it using MAD and a

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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 June July August September October 450 500 550 600 650 700 500 550 400 500 675 600

a. Find the tracking signal.

b. Decide whether your forecasting routine is acceptable.

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Operations And Supply Management: The Core

ISBN: 9780073403335

2nd Edition

Authors: F. Robert Jacobs, Richard Chase

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