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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 262 ACTUAL 198 336
A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted: FORECAST 262 ACTUAL 198 336 239 411 321 361 288 386 307 461 381 April May June July August September a. Find the tracking signal for each month. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Month April May June July August September Tracking Signal b. Is the model being used giving acceptable answers? O No, the model's performance is poor. OYes, the model's performance is good.
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