a. Prepare a forecast of sales for each day, starting with F 1=85 and a= .2. b. Compute the MAD and the tracking signal for the data given above in each period. Use MADO = 0.
a. Prepare a forecast of sales for each day, starting with F 1=85 and a= .2. b. Compute the MAD and the tracking signal for the data given above in each period. Use MADO = 0.
MATLAB: An Introduction with Applications
6th Edition
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Author:Amos Gilat
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Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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please solve all parts within 30 minutes. make sure all parts are solved else i will give negative ratings
![A grocery store sells the following number
of frozen turkeys during the one-week
period prior to Thanksgiving:
Turkeys Sold
Monday 80
Tuesday 53
Wednesday 65
Thursday 43
Friday 85
Saturday 101
a. Prepare a forecast of sales for each day,
starting with F 1=85 and a= .2.
b. Compute the MAD and the tracking
signal for the data given above in each
period. Use MADO = 0.
c. Are the MAD and tracking signal within
tolerances?
d. Recompute parts a and b using a= .1,.3,
and .4. Which value of a provides the best
forecast?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F951f2231-86e9-407d-a37c-7af21b435d5e%2F1094900e-1b4a-4be5-98fc-2d228ed8a4ef%2Fze722b_processed.png&w=3840&q=75)
Transcribed Image Text:A grocery store sells the following number
of frozen turkeys during the one-week
period prior to Thanksgiving:
Turkeys Sold
Monday 80
Tuesday 53
Wednesday 65
Thursday 43
Friday 85
Saturday 101
a. Prepare a forecast of sales for each day,
starting with F 1=85 and a= .2.
b. Compute the MAD and the tracking
signal for the data given above in each
period. Use MADO = 0.
c. Are the MAD and tracking signal within
tolerances?
d. Recompute parts a and b using a= .1,.3,
and .4. Which value of a provides the best
forecast?
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