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Demand Management and Forecasting

A particular forecasting model was used to forecast a six-month period. Here are the forecasts and actual demands that resulted:
Forecast Actual
April 250 200
May 325 250
June 400 325
July 350 300
August 375 325
September 450 400

Find the tracking signal and state whether you think the model being used is giving acceptable answers.

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The solution does a superb job of laying out step by step explanation to the problem. The solution is very well explained and uses detailed steps to explain the answer. The solution can be followed by anyone with a basic understanding of the concepts. Overall, an excellent response.

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