The tracking signals (TS) computed using past demand history for three different products are as follows. Each product used the same forecasting technique. Period (TS 1) (TS 2) (TS 3) Period 1 -2.70 1.54 0.10 Period 2 -2.32 -0.64 0.43 Period 3 -1.70 2.05 1.08 Period 4 -1.10 2.58 1.74 Period 5 -0.87 -0.95 1.94 Period 6 -0.05 -1.23 2.24 Period 7 0.10 0.75 2.96 Period 8 0.40 -1.59 3.02 Period 9 1.50 0.47 3.54 Period 10 2.20 2.74 3.75 Discuss the tracking signals for each and what the implications are.

The tracking signals (TS) computed using past demand history for three different products are as follows. Each product used the same forecasting technique. Period (TS 1) (TS 2) (TS 3) Period 1 -2.70 1.54 0.10 Period 2 -2.32 -0.64 0.43 Period 3 -1.70 2.05 1.08 Period 4 -1.10 2.58 1.74 Period 5 -0.87 -0.95 1.94 Period 6 -0.05 -1.23 2.24 Period 7 0.10 0.75 2.96 Period 8 0.40 -1.59 3.02 Period 9 1.50 0.47 3.54 Period 10 2.20 2.74 3.75 Discuss the tracking signals for each and what the implications are.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.7: Exponential Smoothing Models

Problem 28P: The file P13_28.xlsx contains monthly retail sales of U.S. liquor stores. a. Is seasonality present...

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