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he manager of a travel agency has been using a seasonally adjusted forecast to predict demand for packaged tours. The actual and predicted values are
he manager of a travel agency has been using a seasonally adjusted forecast to predict demand for packaged tours. The actual and predicted values are as follows:
Period Demand Predicted
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a Compute MAD for the fifth period, then update it period by period using exponential smoothing with alpha Round your intermediate calculations and final answers to decimal places.
b Compute a tracking signal for periods through using the initial and updated MADs. Negative values should be indicated by a minus sign. Round your intermediate calculations and final answers to decimal places.
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