Sales of music stand at Johnny Ho’s music store in Columbus, Ohio, over the past 10 weeks are shown in the table below

QUESTION:

Sales of music stand at Johnny Ho’s music store in Columbus, Ohio, over the past 10 weeks are shown in the table below.

(a) Forecast demand for each week, including week 10, using exponential smoothing with α = .5 (initial forecast = 20).

WeekDemandWeekDemand
120629
221736
328822
437925
5251028

 (b) Compute the MAD.

(c) Compute the tracking signal.


You must be registered and logged in to an account to purchase solution

  •  x 
Purchase