Jim's Department at a Local Department Store Has Tracked the Sales

question 126

Essay

Jim's department at a local department store has tracked the sales of a product over the last ten weeks.Forecast demand using exponential smoothing with an alpha of 0.4,and an initial forecast of 28.0 for period 1.Calculate the MAD.Calculate the tracking signal.What do you recommend?

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Definitions:

Stress

A state of mental or emotional strain resulting from challenging or adverse situations.

Appraises Events

The process of evaluating or judging the significance, importance, or value of life events.

Experience of Stress

The individual perception and reaction to challenging or threatening situations, which can vary greatly among people.

Internet Addiction

Spending an inordinate amount of time on the Internet and an inability to control online use.