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QUESTION

Calculate the tracking signal as of the end of December. What can you say about the performance of your

Calculate the tracking signal as of the end of December. What can you say about the performance of your forecasting method The monthly demand for units manufactured by the Acme Rocket Company has been as follows:

Month

Units

Month

Units

May

100

September

105

June

80

October

110

Jury

110

November

125

August

115

December

120

  1. Use the exponential smoothing method to forecast the number of units for June to January. The initial forecast for May was 105 units; a = 0.2.
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