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The manager of a travel agency has been using a seasonally adjusted forecast to predict demand
for packaged tours. The actual and predicted values are as follows: Click here for the Excel Data
File a. Compute MAD for the fifth period, then update it period by period using exponential
smoothing with = .3 . (Round your intermediate calculations and final answers to 3 decimal
places.) b. Compute a tracking signal for periods 5 through 14 using the initial and updated
MADs. (Negative values should be indicated by a minus sign. Round your intermediate
calculations to 3 decimal places and final answers to 2 decimal places.)

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The manager of a travel agency has been using a seasonally adjusted fo.docx

  • 1. The manager of a travel agency has been using a seasonally adjusted forecast to predict demand for packaged tours. The actual and predicted values are as follows: Click here for the Excel Data File a. Compute MAD for the fifth period, then update it period by period using exponential smoothing with = .3 . (Round your intermediate calculations and final answers to 3 decimal places.) b. Compute a tracking signal for periods 5 through 14 using the initial and updated MADs. (Negative values should be indicated by a minus sign. Round your intermediate calculations to 3 decimal places and final answers to 2 decimal places.)