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The classified department of a monthly magazine has used a combination of quantitative and qualitative methods to forecast sales of advertising space. Results over a
The classified department of a monthly magazine has used a combination of quantitative and qualitative methods to forecast sales of advertising space. Results over a 20-month period are as follows: Click here for the Excel Data File a. Compute a tracking signal for months 11 through 20. To do 50, compute an initial value of MAD for month 11 , and then update it for each month using exponential smoothing with a=2. (Leave no cells blank - be certain to enter "O" wherever required. Negative values should be indicated by a minus sign. Round your intermediate calculations and final answers to 3 decimal places.) a. Compute a tracking signal for months 11 through 20 . To do so, compute an initial velue of MaD for month 11 , and then update it for each month using exponential smoothing with a=2. (Leave no cells blank - be certain to enter " 0wherever tequired. Negative values should be indicated by a minus sign. Round your intermediate calculations and final answers to 3 decimal places) b-1. Using the first half of the data, construct a control chart with 25 limits. (Round your intermediate calculations to 3 decimal piaces and final answer to 2 decimal places.)
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