After using your forecasting model for six months, you decide to test it using a tracking signal. Here are the forecast and actual demands for the six-month period: PERIOD FORECAST ACTUAL May 450 500 June 500 550 July 550 400 August 600 500 September 650 675 October 700 600 Find the tracking signal of each month

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.6: Moving Averages Models
Problem 22P: The file P13_22.xlsx contains total monthly U.S. retail sales data. While holding out the final six...
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After using your forecasting model for six months, you decide to test it using a tracking signal. Here are the forecast and actual demands for the six-month period:

PERIOD FORECAST ACTUAL
May 450 500
June 500 550
July 550 400
August 600 500
September 650 675
October 700 600

Find the tracking signal of each month

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