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The following represents the demand for Sellers Ltd for a five months period Month Actual Demand Forecast 1 0 0 2 0 0 3 0
The following represents the demand for Sellers Ltd for a five months period Month Actual Demand Forecast Calculate : the forecast for period to using exponential smoothing method. Use a smoothing constant of iealpha Assume the forecast for month is the MAD, MSE and the MAPE using the forecast data determine the tracking signal Is this a good forecast if the control limit is pm
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