Demand and forecast for 5 months are given below: Month Demand Forecast 1 50 46 2 52 52 3 46 52 4 45 52 5 52 45 Give your answers to three decimal places. Find MSE of this forecast model Find the tracking signal for month 1 month 2 month 3
Demand and forecast for 5 months are given below: Month Demand Forecast 1 50 46 2 52 52 3 46 52 4 45 52 5 52 45 Give your answers to three decimal places. Find MSE of this forecast model Find the tracking signal for month 1 month 2 month 3
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
Problem 17DRQ: Under what conditions might a firm use multiple forecasting methods?
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Question
Demand and
Month | Demand | Forecast |
1 | 50 | 46 |
2 | 52 | 52 |
3 | 46 | 52 |
4 | 45 | 52 |
5 | 52 | 45 |
Give your answers to three decimal places.
-
Find MSE of this forecast model
-
Find the tracking signal for
- month 1
- month 2
- month 3
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