Given the following information, calculate the forecast (round to nearest whole number) for period four using exponential smoothing and =0.3.
Use a tracking signal to determine if there is a bias problem with the forecasting method.(Assume the control limit for the tracking signal is ± 3.

Question

Given the following information, calculate the forecast (round to nearest whole number) for period four using exponential smoothing and  =0.3.
Use a tracking signal to determine if there is a bias problem with the forecasting method.(Assume the control limit for the tracking signal is ± 3.

Quizplus · Accepted Answer

The Answer of Given the following information, calculate the forecast (round to nearest whole number) for period four using exponential smoothing and  =0.3.
Use a tracking signal to determine if there is a bias problem with the forecasting method.(Assume the control limit for the tracking signal is ± 3.

Given the Following Information, Calculate the Forecast (Round to Nearest