Question
The following graph shows demand for high demand dress shoes in India in red, forecast in blue and months on the x axis and
The following graph shows demand for high demand dress shoes in India in red, forecast in blue and months on the x axis and unit on the y axis. The tracking signal at the end of the twelfth month is -5.12. Interpret and analyze the data. What can you say about the ability of the forecaster, is it good or poor? Be as detailed as necessary in your interpretation of the data. 5000 4500 4000 3500 3000 2500 2000 1500 1000 500 0 1 2 3 Forecast vs Demand 4 5 6 7 demand 8 9 -forecast S 10 11 12
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
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