The classified department of a monthly magazine has used a combination of quantitative and qualitative methods to forecast sales of advertising space. Results over a 20-month period are as follows: Month Error Month Error 1 —8 11 1 2 —2 12 6 3 4 13 4 7 14 4 5 9 15 1 6 5 16 —2 7 0 17 —4 8 —3 18 —8 9 -9 19 —5 10 —4 20 —1 a. Compute a tracking signal for months 11 through 20. Comput
The classified department of a monthly magazine has used a combination of quantitative and qualitative methods to forecast sales of advertising space. Results over a 20-month period are as follows: Month Error Month Error 1 —8 11 1 2 —2 12 6 3 4 13 4 7 14 4 5 9 15 1 6 5 16 —2 7 0 17 —4 8 —3 18 —8 9 -9 19 —5 10 —4 20 —1 a. Compute a tracking signal for months 11 through 20. Comput
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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The classified department of a monthly magazine has used a combination of quantitative and qualitative methods to
Month |
Error |
Month |
Error |
1 |
—8 |
11 |
1 |
2 |
—2 |
12 |
6 |
3 |
4 |
13 |
|
4 |
7 |
14 |
4 |
5 |
9 |
15 |
1 |
6 |
5 |
16 |
—2 |
7 |
0 |
17 |
—4 |
8 |
—3 |
18 |
—8 |
9 |
-9 |
19 |
—5 |
10 |
—4 |
20 |
—1 |
a. Compute a tracking signal for months 11 through 20. Compute
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