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A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: FORECAST ACTUAL April 248 198
A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: |
FORECAST | ACTUAL | |
April | 248 | 198 |
May | 322 | 260 |
June | 397 | 334 |
July | 347 | 298 |
August | 372 | 336 |
September | 447 | 397 |
a. | Find the tracking signal for each month. (Negative values should be indicated by a minus sign.) |
Month | Tracking Signal |
April | |
May | |
June | |
July | |
August | |
September | |
I need help figuring out the tracking signal for each month
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